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Home Bangladesh

Net reserves now stand at $16 billion

Victory News by Victory News
July 2, 2024
in Bangladesh, Lead-2
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Bangladesh Bank has released the Net International Reserve (NIR) account for the first time. According to their data, the country’s latest net (expendable) reserves now stand at $16.03 billion.

Tuesday ( 2 july)Executive Director and Spokesperson of Bangladesh Bank Md. Majbaul Haque told this information to victorynews.

He said that, the current gross reserve of the country is 26.81 billion dollars. According to the International Monetary Fund (IMF) accounting system, the amount of reserves is 21.83 billion dollars (BPM6) and the amount of net international reserves (NIR) is 16.03 billion dollars.

Until now, Bangladesh Bank used to publish information on gross and reserves in accordance with International Monetary Fund (IMF) accounting system, including various funds formed in foreign currency. Today, for the first time, they published the net reserve account.

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