Bangladesh's foreign exchange reserves have surpassed $32 billion in the backdrop of a surge in the remittance inflow, and buying dollar by the Bangladesh Bank in auctions.
According to the central bank, on Wednesday, October 22, the foreign exchange reserves stand at $32.11 billion, while the figure is $27.35 billion as per International Monetary Fund’s accounting standards BPM-6.
Bangladesh Bank’s Executive Director and Spokesman Arif Hossain Khan confirmed the matter.
Till October 9, foreign exchange reserves were $31.94 billion, and according to IMF’s BPM-6, the same was $27.12 billion.
EAR/MSU