Forex reserves cross $30b mark.Remittances amounted to $3.622 billion in first 1.5 months of current fiscal year.
Bangladesh’s foreign currency reserve stood at USD 30.83 billion (gross) as of Thursday.
According to the BPM6 accounting method formulated by the International Monetary Fund (IMF), the reserve amount stood at $25.82 billion, said Bangladesh Bank spokesperson and Executive Director Arif Hossain Khan.
Quoting the Foreign Assets and Treasury Management Department of Bangladesh Bank, he said that although there have been fluctuations in reserves over the past few months, in recent times the inflow of remittances and diversification of foreign currency income sources have been helping to maintain the stability of the reserves.
Forex reserves cross $30b mark.Remittances amounted to $3.622 billion in first 1.5 months of current fiscal year.
Bangladesh’s foreign currency reserve stood at USD 30.83 billion (gross) as of Thursday.