Bangladesh forex recovery to get boost from Malaysia labor reopening

Reserves hit level last seen in 2022 on higher remittances from Saudi Arabia, elsewhere Bangladeshi migrant workers are seen at a dormitory in Klang, Malaysia, on Jan. 24, 2025. Bangladeshi Officials hope the reopening of Malaysia to migrant workers will further lift remittance inflows. © AP DHAKA — Bangladesh's foreign exchange reserves have climbed back to a level last seen in 2022, with an expected further upturn in remittances from Malaysia reopening to Bangladeshi workers set to add to a broad recovery in the country's external finances after years of pressure.

Read the full article at the source →