Gross forex reserves cross $24b: BB

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. (BSS)