News update
  • U.S. Special Envoy Sergio Gor Concludes BD visit: Resolve for stronger ties     |     
  • Civilian death toll climbs in Gaza, Lebanon and West Bank     |     
  • US Envoy Sergio Gor Meets PM Tarique Rahman in Dhaka     |     
  • Fifa Scraps World Cup Investment Plan After Member Backlash     |     
  • Dhaka Air Quality Remains Moderate, Ranks 18th Globally     |     

Gross forex reserves cross $26 Billion: BB

Greenwatch Desk Banking 2024-12-29, 11:08pm




Bangladesh's gross foreign exchange reserves have crossed US$26 billion.


According to the latest data, foreign exchange reserves amount to $26.09 billion.

But, the reserve is over $21.34 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.