Bangladesh’s Foreign Exchange Reserves Surge Past $34 Billion
According to Arif Hossain Khan, Executive Director and Spokesperson of Bangladesh Bank, the latest figures as of March 30 reflect this upward trend. Following the International Monetary Fund's (IMF) BPM6 manual, the net reserves currently stand at $29.35 billion (29,359.07 million USD).
This marks a steady rise from the previous day, March 29, when the gross reserves were recorded at $33.99 billion and BPM6-calculated reserves were at $29.29 billion. Net reserves, calculated by subtracting short-term liabilities from the total gross amount as per IMF standards, remain a crucial indicator of the country's external payment capacity and overall economic health.