Forex exchange reserves up

Bangladesh`s foreign exchange reserves rose slightly over the past week

As per Bangladesh Bank (BB) available data, the reserves stood at US$19.16 billion as of December 13 from $19.13 billion on December 6.

The forex reserves will rise further once upcoming IMF and Asian Development Bank loans along with funds from other sources are available, said the central bank officials.

Bangladesh will receive $1.31 billion in December as loan from various sources, including $689 million in a second tranche of a $4.7 billion IMF loan, as per central bank officials, reports BSS.