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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.