, Feb. 18 -- Bangladesh Bank Governor Dr Ahsan H Mansur on Wednesday said that the foreign exchange reserve is projected to reach US $40 billion within this year.

Talking to reporters at the Bangladesh Secretariat, the Governor shared an optimistic trajectory for the country's financial health.

He said the reserves are expected to cross the $35 billion mark within the current month, building a stronger foundation for the months ahead.

Dr Mansur acknowledged that the banking and financial sectors have faced massive irregularities in the past, which would take time to fully rectify.

He, however, expressed confidence in the ongoing reform initiatives taken by the current interim government. "The fragility of the economy has not been enti...