The country’s total foreign currency reserves have slightly declined and now stand at $25,766.80 million or $25.76 billion, according to the central bank.
Bangladesh Bank spokesperson and Executive Director Arif Hossain Khan provided this information on Sunday.
According to the latest data from the central bank, as of June 1, the country’s gross foreign exchange reserves amounted to $25,766.80 million.
Under the Balance of Payments and International Investment Position Manual (BPM6) of the International Monetary Fund (IMF), the net reserves now stand at $20,500.55 million.
Previously, as of May 27, the gross reserves were $25,799.55 million, while the reserves calculated under the IMF’s BPM6 method stood at $20,562.24 million.
It is worth noting that net reserves are calculated based on the IMF's BPM6 method. The net or actual reserve amount is obtained by subtracting short-term liabilities from the gross reserves.
