Dhaka, May 22 -- Bangladesh's foreign exchange reserves are projected to reach $30 billion next month, Bangladesh Bank Governor Dr Ahsan H Mansur announced on Wednesday.

Speaking at a research dissemination event organised by the Policy Research Institute (PRI), supported by the International Growth Centre (IGC) and conducted in collaboration with the central bank, Dr Mansur emphasised the importance of rebuilding the country's forex reserves and strengthening the banking sector's performance.

While highlighting the long-term target of increasing foreign exchange reserves to $40 billion, he acknowledged that achieving this goal will require time.

Earlier, on 14 May, the Governor noted that Bangladesh is expected to receive loans totall...