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.
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.
Probe report submission on Bangladesh Bank reserve heist deferred to Jan 13
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.