Forex reserves cross $27b: BB

Bangladesh's foreign exchange reserves have crossed US$27 billion as the International Monetary Fund (IMF) has provided $1.15 billion loan and other lenders provided $900 million.

Bangladesh Bank (BB) Executive Director and Spokesperson Mezbaul Haque informed that the final position of gross reserve as on 27.06.2024 is $27.15 billion, reports BSS.

"We have received $1.15 billion from the IMF. We also received around $900 million from other sources like South Korea, International Bank for Reconstruction and Development (IBRD), and Islamic Development Bank (IDB)," he said.