HomePopular ContentBangladesh's Foreign Exchange Reserves Increase Further

Bangladesh’s Foreign Exchange Reserves Increase Further

The central bank has announced that the country’s total foreign exchange reserves have increased further, now standing at 35,766.66 million or 35.76 billion dollars.

Arif Hossain Khan, Executive Director and Spokesperson of Bangladesh Bank, provided this information on Tuesday (June 16).

According to the latest data from the central bank, as of June 16, the country’s gross reserves amounted to 35,766.66 million dollars. Furthermore, based on the International Monetary Fund’s (IMF) accounting methodology BPM-6, the reserves stood at 31,216.15 million US dollars.

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Previously, as of June 15, the country’s gross reserves were 35,630.65 million US dollars, while the BPM-6 calculated reserves stood at 31,080.61 million dollars.

Net reserves are calculated according to the IMF’s BPM-6 measurement. The net or actual reserve amount is obtained by subtracting short-term liabilities from the total reserves.

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