Forex reserves reach above $21b - News Summed Up

Forex reserves reach above $21b


Bangladesh's foreign currency reserves have once again exceeded above the $21 billion mark after nearly one and a half months. On the same date, the gross reserve – which includes different types of funds – was recorded at $26.73 billion, as per a bdnews24.com report. The last time the reserves crossed $21 billion was on Mar 6, when they stood at $21.40 billion under BPM6 and the gross reserve was $26.60 billion. However, later in March, following the payment of Asian Clearing Union (ACU) import bills, reserves again fell below the $20 billion mark. In March, the central bank paid $1.75 billion for ACU bills, according to its spokesperson and executive director Arief Hossain Khan.


Source: bd News24 April 21, 2025 14:20 UTC



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