Internet Edition. August 5, 2008, Updated: Bangladesh Time 12:00 AM |
Internet Edition. August 5, 2008, Updated: Bangladesh Time 12:00 AM |
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Forex reserves fall from record high in July BUSINESS REPORT Country's foreign exchange reserves fell to $5.82 billion at the end of July from a record high of $6.15 billion in June, the Bangladesh Bank said yesterday. It attributed the slide mostly to increased cost of imports. However, the reserves were almost steady owing to higher inflows of remittances from Bangladeshis working abroad.
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