Bangladesh Bank’s gross foreign exchange reserves have crossed US $32.72 billion on Monday.
Arif Hossain Khan, Executive Director and spokesperson of Bangladesh Bank confirmed this through an official statement, reports UNB.
However, the foreign exchange reserves stood at $28.03 billion by the BPM6 method.
On December 1, gross reserves stood at $26.51 billion based on this method.
This indicates that reserves have grown by approximately $1.5 billion within just 20 days.
Central bank officials attributed this growth primarily to the strategic purchase of dollars from commercial banks through scheduled auctions and the rising trend of remittance.
Bd-pratidin English/ ANI