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Dollar pressure rises as short-term foreign debt drops $300m in October

Bangladesh’s foreign reserves have fallen by $3.7 billion in just three months

City ofUnited kingdomZarfan aliHabibur rahmanEmranul huqBank asiaDhaka bankBangladesh bankBusiness standardSecured overnight financing rateLondon interbank offeredForex reserveBangladesh bankAngladesh short term foreign debtBangladesh foreign reserveDollar pressure

External debt situation more comfortable now

Bangladesh gravitated towards external borrowing to finance its budget deficit in fiscal 2021-22, leveraging the country's capacity to absorb more of the relatively economical foreign loans.

United kingdomSouth koreaZahid hussainIslamic development bankInternational monetary fundWorld bankBangladesh bankWorld bank dhakaInternational fund for agricultural developmentAsian development bankAsian infrastructure investment bankInternational fundAgricultural developmentSpecial drawing rightsExternal debtFiscal year 2021 22

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