Forex reserves rise to $25.82b
Bangladesh's gross foreign currency reserves have increased to US$25.82 billion, but as per the Balance Of Payments and International Investment Position Manual (BPM6), the amount is $20.41 billion.
Bangladesh Bank (BB) Executive Director and Spokesperson Md Mezbaul Haque on Sunday shared the information during a media briefing at the central bank headquarters in the capital of Dhaka.
He said that the foreign currency reserves rose to $25.82 billion after $1.09 billion in loans from two global lenders -- the International Monetary Fund (IMF) and the Asian Development Bank (ADB) -- were added to the central bank's account.
Of the sum, $689 million came from the IMF and $400 million from the ADB, he mentioned.
Source: BSS