Representational photo BigstockIncreased flow of remittance and $300 million fund from the Japan international cooperation agency (JICA) have played a vital role behind the surge in foreign exchange reservesThe country’s foreign exchange reserves hit a new height setting a record of over $39 billion amid the Covid-19 pandemic. The reserve reached $39.04 billion for the first time on Tuesday, said a Bangladesh Bank senior official, seeking anonymity. Increased flow of remittance and $300 million fund from the Japan international cooperation agency (JICA) have played a vital role behind the surge in foreign exchange reserves, he added. More to follow..

Source: Dhaka Tribune September 01, 2020 10:18 UTC