Economy feature

Forex Reserves Reach $32.15b

Bangladesh Bank data shows higher reserves than IMF’s BPM6-based estimate of $27.35b

Written by The Banking Post


Bangladesh’s foreign exchange reserves stood at $32.15 billion as of Wednesday, according to the latest data released by the Bangladesh Bank.

However, when calculated under the International Monetary Fund’s (IMF) Balance of Payments and International Investment Position Manual (BPM6) methodology, the country’s reserves amount to $27.35 billion.

The difference stems from the IMF’s stricter accounting standards, which exclude certain funds such as those tied to export development and other commitments not immediately available for external payments.

The latest figures come as Bangladesh continues efforts to stabilise its foreign exchange position amid growing import pressures and ongoing discussions with the IMF over the next loan tranche.


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