Bangladesh Bank Reports Foreign Exchange Reserves Cross $26 Billion

The rise in the value of the dollar has led to an increase in remittances from expatriates. Additionally, loans and grants from donor organizations have contributed to the growth. As a result, the foreign currency reserves have risen to $26.09 billion. On Sunday (December 29), Bangladesh Bank's spokesperson and executive director, Hussne Ara Shikha, confirmed this information. Speaking to *Dhaka Post*, she said, "Foreign grants have been added, and the remittance inflow remains strong. These factors have collectively boosted the reserves." However, based on the BPM-6 standard of the International Monetary Fund (IMF), the reserves currently stand at $21.33 billion. Even under this calculation, the reserves have increased compared to earlier figures. Net reserves are calculated using the IMF's BPM-6 standard, which determines the net or actual reserves by deducting short-term liabilities from the total reserves.