News update
  • UNRWA chief: Ceasefire is the start, not the solution     |     
  • UNRWA chief: Ceasefire is the start, not the solution     |     
  • Sudan war becomes more deadly: Ethnically motivated attacks up     |     
  • Dhaka's RMG exports reach $38.48 bn in 2024: New markets up     |     
  • Bangladesh’s GDP Growth to Decline to 4.1% in FY25: WB     |     
  1. Home
  2. Banking
  3. Gross forex reserves cross $24b: BB

Gross forex reserves cross $24b: BB

Greenwatch Desk Banking 2024-12-23, 10:38pm

images15-4045fa932781f90d88ef57d62f8eca511734971925.jpg




Bangladesh's gross foreign exchange reserves have crossed US$24 billion.

 
According to the latest data, foreign exchange reserves amount to $24.8 billion US dollars.
 
But, the reserve is over $20 billion according to the BPM-6 calculation standard of the IMF, said Bangladesh Bank (BB) spokesperson Husne Ara Shikha in a message here today.
 
Net reserves are calculated according to the International Monetary Fund's (IMF's) BPM-6 measure. Subtracting short-term liabilities from gross or total reserves gives the amount of net or actual reserves, reports BSS.