DHAKA (Reuters) - Bangladesh's foreign exchange reserves hit a record $32.09 billion at the end of December, the central bank said on Tuesday, up $720 million from the previous month.
The reserves were sufficient to cover about nine months' worth of imports, and are $4.6 billion higher than a year ago.
Steady garment exports and remittances from Bangladeshis working overseas, the key drivers of the country's more than $200 billion economy, have helped build reserves in recent years.
($1 = 78.70 Taka)
(Reporting by Ruma Paul; Editing by Jacqueline Wong)
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
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