Reserve crosses $14b amid slump in investment

March 6, 2013

The foreign exchange reserve on Tuesday soared past $14-billion mark for the first time as the central bank piled up the greenback amid lack of investment in the country and increase in remittance inflow. An official of BB told New Age that the foreign exchange reserve had increased to $14.10 billion on Tuesday from $13.88 billion on Monday after the BB had purchased $64   Full article on New Age

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