Foreign currency reserves have surpassed the US$25 billion mark before the end of March, thanks to a record inflow of remittances this month.
The country’s gross reserves have risen to US$25.44 billion, according to data released by Bangladesh Bank (BB) on Thursday night.
The surge followed a significant increase in remittance inflows, which reached US$2.94 billion in the first 26 days of March, the highest for any month in the country’s history.
However, according to the International Monetary Fund (IMF) methodology under the Balance of Payments and International Investment Position Manual (BPM6), Bangladesh's net reserves currently stand at US$20.29 billion.
Bd-pratidin English/ Jisan
