Bangladesh’s Foreign Exchange Reserves Increase Further

The central bank has announced that the country’s total foreign exchange reserves have increased further, now standing at 35,766.66 million or 35.76 billion dollars.

Arif Hossain Khan, Executive Director and Spokesperson of Bangladesh Bank, provided this information on Tuesday (June 16).

According to the latest data from the central bank, as of June 16, the country’s gross reserves amounted to 35,766.66 million dollars. Furthermore, based on the International Monetary Fund’s (IMF) accounting methodology BPM-6, the reserves stood at 31,216.15 million US dollars.

Read More:  Bitcoin DeFi’s demand problem is becoming harder to ignore

Previously, as of June 15, the country’s gross reserves were 35,630.65 million US dollars, while the BPM-6 calculated reserves stood at 31,080.61 million dollars.

Net reserves are calculated according to the IMF’s BPM-6 measurement. The net or actual reserve amount is obtained by subtracting short-term liabilities from the total reserves.

Read More:  Crypto rails made prediction markets global, gambling laws may make them local again

Facebook Comments Box
spot_img

Explore more

spot_img

Buyback and Burn News Sends Hyperliquid Rival Up 10%

Wall Street is paying up for Bitcoin miners’ AI infrastructure before...

A megawatt leased to an AI tenant now commands a different price on Wall Street than a megawatt sitting in a Bitcoin miner's pipeline,...

XRP Price Is Targeting $1,000 Says Ex Goldman Analyst

Disappointing Start to Towhid Hridoy’s Captaincy as Bangladesh Falls to Australia

1 Bangladesh’s T20 series campaign under new captain Towhid Hridoy began on a sour note as the hosts suffered a 4-wicket defeat to Australia in...

Prediction markets can hedge corporate losses

A trading desk facing a possible $1 million loss if a specific tariff takes effect by the third quarter typically hedges that risk through...

GRAM and Crypto Hammered, Whatsapp Accused

Bitcoin’s Iran rally enters a 60-day test as oil shock fears...

Iran's foreign minister said negotiations with the US will begin the same day both countries sign a memorandum of understanding, with a 60-day window...