Bangladesh’s foreign exchange reserves have risen further, crossing the $33 billion mark.
According to the latest data, the country’s gross reserves now stand at $33.25 billion, while reserves calculated under the IMF-prescribed BPM-6 methodology amount to $28.75 billion.
Bangladesh Bank Executive Director and spokesperson Arif Hossain Khan confirmed the figures, stating that the reserves exceeded $33 billion at the close of business on Monday (February 2).
Earlier, on January 15, the country’s foreign exchange reserves stood at $32.32 billion, with BPM-6 reserves at approximately $28.03 billion. Prior to that, on January 8, reserves amounted to $32.44 billion, while BPM-6 reserves were estimated at around $27.85 billion.
The reserves declined temporarily following the settlement of $1.53 billion in Asian Clearing Union (ACU) liabilities, but have since rebounded due to improved inflows.
Bangladesh Bank officials said the current reserve position reflects a gradual recovery and improved external sector stability.
EAR/MHK