Monday, 07 Apr, 2025

National

Forex reserves cross $20 billion mark again

Senior Correspondent | banglanews24.com
Update: 2025-04-06 21:54:21
Forex reserves cross $20 billion mark again

Bangladesh’s foreign exchange reserves have once again crossed the $20 billion mark, according to the latest data released by Bangladesh Bank.

As per the IMF's BPM6 accounting method, the reserves now stand at $20.46 billion. 

Meanwhile, the gross reserve, which includes various foreign currency funds, stands at $25.62 billion.

The information was shared by Bangladesh Bank’s Executive Director and Spokesperson Md. Mezbaul Haque on Sunday (April 6).

In early March, reserves stood at $21.40 billion but dropped to $19.65 billion on March 9 after paying $1.75 billion to the Asian Clearing Union (ACU) for imports during January-February.

A similar ACU payment of $1.67 billion in early January for November-December imports had also reduced reserves at the time.

However, the reserves recovered due to remittance inflows through commercial banks, export earnings, and foreign loans, helping the reserves rise above $21 billion again.

BDST: 2154 HRS, April 6, 2025
MSK

All rights reserved. Sale, redistribution or reproduction of information/photos/illustrations/video/audio contents on this website in any form without prior permission from banglanews24.com are strictly prohibited and liable to legal action.