Country's Foreign Exchange Reserves Reach $30.85 Billion

Dhaka: The country's foreign exchange reserves have reached 30.85 billion US dollars at this time. According to the International Monetary Fund (IMF) calculations, the reserves stand at 25.86 billion dollars under the BPM-6 method. Bangladesh Bank spokesperson Arif Hossain Khan confirmed this information on Thursday.

The spokesperson stated that according to IMF calculations, the country’s foreign exchange reserves amount to 2,586.12 million dollars. Meanwhile, according to Bangladesh Bank’s own calculations, the reserves total 3,085.68 million dollars.

Continuous data on the reserve amounts in previous days has also been released. On 17 August, the reserves were 2,580.68 million dollars (BPM-6) and 3,080.99 million dollars (Bangladesh Bank). On 14 August, they were 2,582.73 million dollars (BPM-6) and 3,083.52 million dollars (Bangladesh Bank).

According to this trend, at the beginning of August, the reserve amounts were: on 10 August, 2,523.23 million dollars (BPM-6), on 6 August, 2,505.78 million dollars, and on 4 August, 2,497 million dollars. Bangladesh Bank’s own calculations for the same dates were 3,024.81 million, 3,007.76 million, and 3,000.08 million dollars, respectively.

This level of reserves against the US dollar is considered an important indicator of stability in the country’s foreign trade and international transactions. Experts believe that this reserve position will help maintain the stability of Bangladesh’s economy.