Dhaka: Bangladesh’s foreign exchange reserves have stood at $34.54 billion. But, as per the International Monetary Fund (IMF) methodology under the Balance of Payments and International Investment Position Manual (BPM6), Bangladesh’s foreign exchange reserves stood at $29.85 billion, according to the latest data of the Bangladesh Bank (BB) released here today.
According to Bangladesh Sangbad Sangstha, the difference in figures arises from the IMF’s methodology, which has been adopted to provide a more standardized international comparison. The IMF’s BPM6 guidelines are used to ensure transparency and consistency in reporting foreign exchange reserves.
The release of the data by Bangladesh Bank highlights the ongoing efforts to align with international standards, while simultaneously maintaining transparency in financial reporting.