Bangladesh Bank on Tuesday confirmed that the country鈥檚 international reserves have now surpassed $16 billion, with gross reserves totalling around $26 billion.
Md Mezbaul Haque, spokesperson for the central bank, told UNB that as of June 30 this year, Bangladesh鈥檚 net international reserves or expendable reserve stands at $16 billion.
In August 2021, Bangladesh鈥檚 reserves peaked at $48 billion. By the end of the fiscal year 2023-24, on June 30, reserves were recorded at $26.82 billion.听
According to the IMF鈥檚 BPM-6 accounting method, the reserves now amount to $21.84 billion.
Additionally, another account of Bangladesh Bank鈥檚 net or actual reserves is provided exclusively to the IMF and not publicly disclosed.
The central bank has officially announced that the reserves have increased by more than $2 billion after receiving loan assistance.