Positive Surge in Bangladesh’s Forex Reserves: Total Reaches $34.64 Billion
Arif Hossain Khan, Executive Director and Spokesperson of Bangladesh Bank, shared this update on Thursday (April 9), highlighting a steady upward trend in the country’s financial indicators.
As of April 9, the gross reserves hit the $34.64 billion mark, while the reserves calculated under the International Monetary Fund’s (IMF) BPM-6 manual stand at $29.95 billion. This is a significant rise compared to the figures from April 7, when gross reserves were $34.47 billion and BPM-6 calculated reserves were $29.85 billion. Net reserves, which are determined after subtracting short-term liabilities from the total, remain the primary metric for assessing the nation's true spending power. This boost provides a much-needed cushion for the national economy amid global fluctuations.