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Reserve rises to $32 billion

 VB  Desk

VB Desk

Reserve rises to $32 billion

According to the IMF's BPM6 accounting method, Bangladesh's gross foreign exchange reserves stood at $32.15 billion as of Monday, August 10.

The latest data published by Bangladesh Bank confirmed the figure.

The IMF's BPM6 is considered the most acceptable accounting method for usable foreign exchange reserves of any country in international standards.

This reserve figure comes amid the central bank's continued efforts to maintain stability in the country's external sector and currency market.

Earlier on Sunday, central bank statistics had reported that gross reserves had crossed the $32 billion mark.

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