According to Bangladesh Bank’s weekly report, foreign exchange reserves stood at $25.09 billion on January 31, down by $140 million from the previous week. If the reserves are calculated according to the BPM6 methodology of the International Monetary Fund (IMF), then this figure reduces to $ 19.44 billion.
Current foreign exchange reserves are below the required figure as per the conditions prescribed under the IMF loan scheme.
The country received remittances totaling $2.10 billion in January, while the amounts in December and November were $1.98 billion and $1.93 billion respectively.