Reserves now at $19.52 billion: Bangladesh Bank
File Photo: Reuters
The Bangladesh Bank has said the country's reserves, according to the IMF calculation method, stands at $19.52 billion.
It said the BPM6 calculation was based on the accounting method of the International Monetary Fund, which excluded local investment.
It said the gross reserve was $25.16 billion.
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The reserve calculated under the BPM6 method is immediately usable, while the gross reserve is also usable subject to realisation of investment.
Therefore, the entirety of the $19.52 billion was usable.
