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Bangladesh FX reserves hit record in December

Source : REUTERS
Last Updated: Tue, Jan 01, 2013 11:30 hrs

DHAKA, Jan 1 (Reuters) - Bangladesh's foreign exchange reserves rose to a record high of $12.75 billion at the end of December from $11.75 billion in November, the central bank said on Tuesday, thanks to an improving trade balance and strong remittances.

The reserves were also up from $9.63 billion a year earlier. (Reporting by Ruma Paul; editing by Patrick Graham)


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