Country’s net reserve stands at $16b: BB

The country’s net reserve now stands at $16 billion, surpassing the $14.7 billion target set for June by the International Monetary Fund (IMF), said the Bangladesh Bank (BB). However, the gross foreign currency reserve has stood at $26.815 billion, but as per the Balance of Payments and International Investment Position Manual (BPM6), the amount stood at $21.838 billion, it said. Earlier...