Latest

Foreign currency reserve rises to $36.46 billion

Foreign currency reserve rises to $36.46 billion
The country's foreign exchange (forex) reserve has increased to gross $36.46 billion. At the same time, net usable reserve, according to the International Monetary Fund's (IMF) BPM6 accounting method, stands at $31.75 billion.

This information has been provided in the updated data of the Foreign Exchange Reserve and Treasury Management Department of Bangladesh Bank.

According to the data, at the end of Tuesday (July 28), the country's gross foreign currency reserve stood at 36.457 billion US dollars.

On the other hand, according to international standards, calculated using the IMF's BPM6 method, the country's net usable foreign currency reserve stood at 31.749 billion US dollars.

Bangladesh Bank regularly publishes reserve calculations using both methods. Gross reserve includes the central bank's total foreign currency assets, while the BPM6 method provides the actual usable reserve by excluding various liabilities and restricted assets.

According to the central bank data, the current reserve plays an important role in paying the country's import costs, managing foreign transactions, and maintaining overall economic stability.

Dhaka Magazine Follow our Google News channel for updates
Economy More from
Bangladesh Bank further simplifies international transactions

Bangladesh Bank further simplifies international transactions

4 hours ago
AI-Powered Technology to Predict Future Crises by Analyzing 10 Years of Data: Commerce Minister

AI-Powered Technology to Predict Future Crises by Analyzing 10 Years of Data: Commerce Minister

1 day ago
Turkey's Sanko interested in investing $300 million in Mirsarai industrial area
Plan to establish a large production center in the textile and jute sectors in Bangladesh

Turkey's Sanko interested in investing $300 million in Mirsarai industrial area

1 day ago
দেশে রেকর্ড পরিমাণ বেড়েছে সুগন্ধি চালের বাজারদর

দেশে রেকর্ড পরিমাণ বেড়েছে সুগন্ধি চালের বাজারদর

1 day ago
Gold and silver prices increased again in the domestic market, how much today?

Gold and silver prices increased again in the domestic market, how much today?

1 day ago
Commerce Minister announces waiver of booth rent for small entrepreneurs in international fairs

Commerce Minister announces waiver of booth rent for small entrepreneurs in international fairs

1 day ago