Gross forex reserves cross $24b: BB

Dhaka, Dec 23: Bangladesh’s gross foreign exchange reserves have crossed US$24 billion.
 
According to the latest data, foreign exchange reserves amount to $24.8 
billion US dollars. 
 
But, the reserve is over $20 billion according to the BPM-6 calculation 
standard of the IMF, said Bangladesh Bank (BB) spokesperson Husne Ara Shikha 
in a message here today.
 
Net reserves are calculated according to the International Monetary Fund’s 
(IMF’s) BPM-6 measure. Subtracting short-term liabilities from gross or total 
reserves gives the amount of net or actual reserves.

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