Gross forex reserves cross $26b: BB

The gross foreign exchange reserves of Bangladesh have surpassed US$26 billion.

The most recent data indicates that foreign exchange reserves total $26.09 billion.

But according to the IMF’s BPM-6 calculation standard, the reserve is more than $21.34 billion, Bangladesh Bank (BB) spokesperson Husne Ara Shikha stated in a statement released here today.

The International Monetary Fund’s (IMF) BPM-6 indicator is used to calculate net reserves. Subtracting short-term liabilities from gross or total reserves gives the amount of net or actual reserves.

This article has been posted by a News Hour Correspondent. For queries, please contact through [email protected]
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