Forex reserves cross $21 billion

Bangladesh’s foreign exchange reserves have once again crossed the $21 billion mark. The reserves reached $21.11 billion on Sunday (April 13).

This information was confirmed by Arif Hossain Khan, spokesperson and executive director of Bangladesh Bank.

He said that the country’s reserve is at a satisfactory level and added, "One of the key conditions for receiving loans from the International Monetary Fund (IMF) is that the net reserve must reach the required level by June. We are hopeful that we will be able to meet the IMF’s condition within the deadline."

Arif Hossain Khan further said, "According to the IMF’s requirement, the net reserve (NR) must be slightly over $17 billion by June. At present, the central bank's net reserve stands at $16 billion."

According to the latest data from the central bank, as of April 12, 2025, the country’s gross reserve is $26.15 billion.

Under the IMF’s BPM6 calculation method, which is the standard for reporting reserves, Bangladesh’s reserve now stands at approximately $21 billion.

Earlier, as of April 6, the gross reserve was $25.62 billion, and under the BPM6 method, the reserve was $20.60 billion.

For reference, net reserves are calculated using the IMF’s BPM6 method by subtracting short-term liabilities from the gross reserve.