Forex reserves cross $27b: BB

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Forex reserves cross $27b: BB

Forex reserves cross $27b: BB DHAKA, June 28, 2024 (BSS) - Bangladesh's foreign exchange reserves have crossed US$27 billion as the

Forex reserves cross $27b: BB

DHAKA, June 28, 2024 (BSS) – Bangladesh’s foreign exchange reserves have crossed US$27 billion as the International Monetary Fund (IMF) has provided $1.15 billion loan and other lenders provided  $900 million.

Talking to BSS, Bangladesh Bank (BB) Executive Director and Spokesperson Mezbaul Haque informed that the final position of gross reserve as on 27.06.2024 is $27.15 billion.

“We have received $1.15 billion from the IMF. We also received around $900 million from other sources like South Korea, International Bank for Reconstruction and Development (IBRD), and Islamic Development Bank (IDB),” he said.

 

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