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B'desh exports dip 5.84% in H1 2019-20
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IANS | 06 Jan, 2020
Bangladesh's total exports in
the first half of the current 2019-20 fiscal year (July 2019-June 2020)
reached over $19 billion, down 5.84 per cent year on year, official data
revealed on Monday.
According to the country's Export Promotion
Bureau (EPB) data, Bangladesh fetched $19,302.16 million from exports in
the first six months of the current fiscal year, reports Xinhua news
agency.
The EPB data showed export performance for December was
$3.53 billion, 2.89 per cent lower than that in the same month a year
ago.
A Bureau official said overall export income plunged as earnings from garment items have been experiencing slowdown for months.
Readymade
garment exports from Bangladesh fell by 6.21 per cent to about $16
billion in the first half of the current 2019-20 fiscal year, said the
official.
Bangladesh set its export target in 2019-20 fiscal year
at $45.50 billion, including $38.20 billion from ready-made garment
products, the EPB data showed.
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| Customs Exchange Rates |
| Currency |
Import |
Export |
US Dollar
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66.20
|
64.50 |
UK Pound
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87.50
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84.65 |
Euro
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78.25
|
75.65 |
| Japanese
Yen |
58.85 |
56.85 |
| As on 20 Jan, 2020 |
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| Daily Poll |
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| Ease of doing business improved in last one year |
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