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$16.03b: Bangladesh Bank discloses net reserve first time

Senior Correspondent | banglanews24.com
Update: 2024-07-02 15:14:45
$16.03b: Bangladesh Bank discloses net reserve first time

Bangladesh Bank on Tuesday (July 2), for the first time, disclosed net international reserve (NIR). 

According to the report, the country’s current NIR amounts to $16.03 billion. 

Executive Director and Spokesperson of Bangladesh Bank Majbaul Haque confirmed the information to Banglanews.

He said that the current gross reserve of the country is 26.81 billion dollars. 

According to the International Monetary Fund (IMF) accounting system, the amount of reserves is 21.83 billion dollars (BPM6) and the amount of net international reserves (NIR) is 16.03 billion dollars, Majbaul added.

Until now, Bangladesh Bank used to publish information on gross and reserves in accordance with International Monetary Fund (IMF) accounting system, including various funds formed in foreign currency.

BDST: 1514 HRS, JULY 02, 2024
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