International Reserves in Bangladesh
Bangladesh - International ReservesThe economy began fiscal year 2020, which started in July, on a good footing. In the first three months of the fiscal year, remittances increased around 17% in U.S. dollar terms compared to the same period a year earlier. In addition, wages of low-skilled workers, as specifically measured by the Central Bank, rose annually by over 6% in the first two months of the fiscal year and bank credit extensions increased by over 12% in the same period. These developments indicate healthy domestic demand, and likely offset the impact of the introduction of a wider VAT regime and a one-third increase in natural gas prices in July. However, in July–September, merchandise exports decreased slightly compared to the same period a year earlier, largely due to a small drop in ready-made garment exports.
Bangladesh - International Reserves Data
|International Reserves (USD)||18.0||22.4||27.9||32.1||33.2|
5 years of economic forecasts for more than 30 economic indicators.
Bangladesh International Reserves Chart
|Exchange Rate||84.50||0.14 %||Sep 04|
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