Gross forex reserves stands at $21.18b
Earlier last month, forex reserves surpassed $25 billion before the end of March, following a record inflow of remittances that month
Bangladesh's gross foreign exchange reserves stood at $21 billion on 15 April as per the International Monetary Fund (IMF) methodology under the Balance of Payments and International Investment Position Manual (BPM6).
The Bangladesh Bank has issued a statement in this regard today (15 April).
Earlier last month, forex reserves surpassed $25 billion before the end of March, following a record inflow of remittances that month.
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According to data released by the central bank on 27 March, the country's gross reserves stood at $25.44 billion.
The increase was attributed to a significant surge in remittance inflows, which reached $2.94 billion in the first 26 days of March – the highest for any month in the country's history.
With the Eid season over, Bangladesh's remittance inflow has dropped slightly in April, with expatriates sending over $ 1.05 billion in remittances in the first twelve days of the running month.
Of this, remittances through state-owned and specialised banks accounted for $459.72 million, while private banks received $590.34 million, according to a report released by the Bangladesh Bank today (15 April).
