Bangladesh has failed to meet IMF’s target on keeping $17.78 billion as the minimum net international reserve as of December 31 last year
The International Monetary Fund has set a new minimum foreign exchange reserves target for Bangladesh as the reserves have dropped at a faster-than-expected pace.
IMF will give $689 million, ADB $400 million and other sources $220 million
It decreased by $60 million in a week
The reserves hit $21.15 billion on Sep 26
It hit $29.97 billion on May 24
Bangladesh has failed to meet IMF’s target on keeping $17.78 billion as the minimum net international reserve as of December 31 last year
The International Monetary Fund has set a new minimum foreign exchange reserves target for Bangladesh as the reserves have dropped at a faster-than-expected pace.
IMF will give $689 million, ADB $400 million and other sources $220 million
It decreased by $60 million in a week
The reserves hit $21.15 billion on Sep 26
It hit $29.97 billion on May 24