Forex reserves rise to $25.82b

Bangladesh’s gross foreign currency reserves have increased to US$25.82 billion, but as per 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 today shared the information during a media briefing at the central bank headquarters in the city.

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. (BSS)