Forex reserves cross $27b: Bangladesh Bank

Bangladesh’s foreign exchange reserves have surpassed US$27 billion thanks to loans of $1.15 billion from the International Monetary Fund (IMF) and $900 million from other lenders.

Speaking with BSS, Mezbaul Haque, the executive director and spokeswoman of Bangladesh Bank (BB), disclosed that the gross reserve as of June 27, 2024, stands at $27.15 billion.

“The IMF has given us $1.15 billion.” In addition, we received about $900 million from the Islamic Development Bank (IDB), South Korea, and the International Bank for Reconstruction and Development (IBRD),” the speaker stated.

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