Forex reserves reach USD 700 million, up by 15 percent

Bhutan's Daily Newspaper - Kuensel - 18/02
The country’s foreign exchange reserves grew by 15.39 percent year-over-year, reaching USD 700.51 million as of December 2024, an increase  of USD 93.48 million, according to the National Statistics Bureau’s socio-economic fourth-quarter update.

However, the increase in reserves is not from economic productivity but from reliance on loans and grants

Thukten Zangpo

The country’s foreign exchange reserves grew by 15.39 percent year-over-year, reaching USD 700.51 million as of December 2024, an increase  of USD 93.48 million, according to the National Statistics Bureau’s socio-economic fourth-quarter update.

The current reserves, comprising USD 509.7 million in conver...
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