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July 3, 2023

Exports bounce back, up 7 pct in August

Bangladesh exports in August rose 7.25 percent from a year ago to $2.16 billion, government data showed on Sunday, driven by an increase in readymade garment exports and ending a brief slowdown in July. Exports fell 1.4 percent in July from a year earlier, the first decline since August 2012. The August figures were still 17.5 percent below the government’s monthly target. rmgReadymade garments, comprising knitwear and woven items, fetched $4.23 billion in July and August, the first two months of the current financial year, compared with $4.16 billion...