Bangladesh Bank Governor Dr. Ahsan H. Mansur stated that the country’s foreign exchange reserves are projected to reach between $27 billion and $30 billion by the end of June. The target for the next fiscal year is to boost reserves to $40 billion. “Microloans cannot be sustained with a 26% interest rate,” he warned. According to central bank data, as of May 19, the country’s total reserves stood at $25.44 billion.