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Forex reserves stand at $34.48b

Bangladesh’s foreign exchange reserves have stood at $34.48 billion, says the Bangladesh Bank.

Reserves calculated under the International Monetary Fund’s BPM-6 accounting method stood at $29.86 billion, said the central bank today (April 7).

The BPM-6 method provides a more standardised and transparent measure of usable reserves, excluding certain assets that are not readily available for balance of payments support.

Remittance inflow to Bangladesh surged 28.6 percent year-on-year to $660 million in the first six days of April.

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