Forex Reserves Reach $34.86bn; IMF-Adjusted Figure at $30.11bn

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Forex Reserves Reach $34.86bn; IMF-Adjusted Figure at $30.11bn

B Mirror Report: Bangladesh’s foreign exchange reserves rose to $34.86 billion, according to the latest data released by the Bangladesh Bank.

However, under the International Monetary Fund’s (IMF) Balance of Payments and International Investment Position Manual, Sixth Edition (BPM-6) methodology, the country’s reserves stood lower at $30.11 billion, the central bank said.

The difference reflects the IMF’s stricter accounting framework, which excludes certain funds such as short-term liabilities and other non-liquid assets from the gross reserve calculation.

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