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Bangladesh Feb forex reserves rise to record high

Sun Mar 2, 2008 5:43pm IST
 
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 DHAKA, March 2 (Reuters) - Bangladesh's foreign exchange
reserves rose to a record high of $5.98 billion at the end of
February from $5.39 billion in January, the central bank said on
Sunday.
 It attributed the rise mostly to higher remittances from
expatriate Bangladeshis.
 The impoverished south Asian country, home to more than 140
million people, received a record $715.5 million in January from
around 5 million Bangladeshis working abroad, data showed.
 Bangladesh foreign exchange reserves ($ bln):
 Feb. 2008      Jan. 2008      Feb. 2007
    5.98           5.39           4.16
 (Reporting by Ruma Paul)


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