Dhaka, July 17 (V7N) – Bangladesh’s total foreign exchange reserves have climbed to $30.02 billion, according to the latest data released by Bangladesh Bank. Under the IMF’s BPM-6 (Balance of Payments and International Investment Position Manual, Sixth Edition) methodology, the reserves now stand at $24.99 billion.

Bangladesh Bank Spokesperson and Executive Director Arif Hossain Khan shared the update on Wednesday (July 16), noting that gross reserves as of that day amounted to $30.26 billion.

Under the BPM-6 standard—used globally to determine net usable reserves after deducting short-term liabilities—the central bank reported $24.99 billion in reserves.

Recent Reserve Movements:

  • July 16:

    • Gross Reserves: $30.26 billion

    • BPM-6 Reserves: $24.99 billion

  • July 7:

    • BPM-6 Reserves: $24.45 billion

    • (After a payment of $2.02 billion to the Asian Clearing Union (ACU) for May–June trade settlements)

  • July 2:

    • Gross Reserves: $31.71 billion

    • BPM-6 Reserves: $26.68 billion

  • June 30:

    • Gross Reserves: $31.68 billion

    • BPM-6 Reserves: $26.66 billion

  • June 29:

    • Gross Reserves: $31.31 billion

    • BPM-6 Reserves: $23.19 billion

The variation in figures is largely due to periodic payments to international organizations like the ACU and adjustments made under the IMF’s BPM-6 methodology, which provides a more realistic view of reserves by excluding unusable assets and short-term liabilities.

Understanding the BPM-6 Method

The BPM-6 system is an IMF-recommended framework that calculates net reserves, offering a more accurate picture of a country’s readily available foreign currency holdings. The net figure is derived by subtracting short-term foreign liabilities and obligations from the gross reserves.

END/RH/AJ