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:  Trump promised to save crypto, but his personal business might kill its landmark CLARITY law

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:  Parliament Session Resumes Today After Six-Day Break

Facebook Comments Box
spot_img

Explore more

spot_img

One public crypto firm just staked its way to breaking even,...

Stablecoin Development Corporation, a public company built around holding and staking Sky Protocol's SKY governance token, reported that $2.2 million of second-quarter staking revenue...

Moonbeam just halted all user transactions, leaving late GLMR holders at...

Moonbeam's standard GLMR migration window closed last night at 23:59 UTC (July 31), as its Polkadot network moved into an operational wind-down ahead of...

A major Japanese Bitcoin mining pool just pulled the plug on...

By the time SBI Crypto pulled the plug on its Bitcoin pool in Japan on July 31, its seven-day average hashrate had fallen 64%...

Louisiana just armed crypto ATM users with a legal cheat code...

Starting Aug. 1, Louisiana users may cancel a virtual-currency-kiosk transaction made on or after that date and demand a full refund at any time...

BNP Entrusts Prime Minister with Presidential Nomination Responsibility

0 The National Standing Committee of the BNP has entrusted the responsibility of nominating the party’s candidate for the presidential election to BNP Chairman and...

If the Fed trusts this single 2.2% metric, Bitcoin could break...

Bitcoin is trading near $63,000, with rate markets assigning roughly 66% odds to a September Federal Reserve hike, under a policy framework Kevin Warsh...

Tether claims $1.5B profit, but hidden math reveals a $4.2B hit...

Tether's second-quarter materials report $1.5 billion in net operating profit, earned mainly from Treasuries and repo activity. However, the attached reserve report shows a...

Why a guaranteed 4.47% yield on $44 billion of US debt...

The US government sold $44 billion of seven-year debt on July 28, and buyers accepted it at a yield of 4.473%. That was 21.3...