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2024-06-28 16:53:09

Country’s gross reserves stand at $27.15bn

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Country’s gross reserves stand at $27.15bn

Bangladesh Bank said that the country had $27.15 billion in gross foreign exchange reserves at the end of the day on Thursday.

“The gross reserves on Thursday stood at $26.50 billion in the initial count after the third tranche of IMF loan funds and dollars from other sources were added,” said Bangladesh Bank spokesman and Executive Director Mezbaul Haque.

“The amount increased slightly to $27.15 billion at the end of the day on Thursday after remittances were added,” He said.

Haque did not specify where the reserves stood in terms of the BPM-6 measurement most commonly used by the IMF.

Bangladesh Bank transactions were still underway due to the time difference with other institutions when the funds from the IMF, Korea, IDB and IBRD came in.

Bd-pratidin English/Tanvir Raihan

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