DHAKA: Bangladesh Bank (BB) said foreign exchange reserves reached a record high of $20.37 billion at the end of April.

The reserve is 37 percent higher than the previous year, the central bank sources said.

The higher reserves can cover more than six months’ imports, sources added.

On April 10, foreign currency reserve crossed the $20 billion mark for the first time in history of the country.

BDST: 1846 HRS, MAY 05, 2014