Economic Reporter //

The country’s foreign exchange reserves have returned to the $30 billion mark again. According to the latest estimates of Bangladesh Bank, the foreign exchange reserves stood at $34.5 million or $30 billion as of Thursday.

Bangladesh Bank Executive Director and Spokesperson Arif Hossain Khan said that according to the international standard Balance of Payments and International Investment Position Manual (BPM-6), the amount of reserves is $24.98 billion, or about $25 billion. And according to Bangladesh Bank’s own estimates, the amount of the country’s reserves has now reached the $30 billion mark again.

Earlier, as of July 3, the total reserves in the country were $31.57 billion and according to BPM-6, it was $26.51 billion. At that time, the usable reserves were more than $20 billion.

Bangladesh Bank paid $2.02 billion to members of the Asian Clearing Union (ACU) in early July.

The central bank believes that it has been possible to maintain stability in reserves due to positive export earnings and remittance flows.

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