Dhaka, March 27 -- Bangladesh Bank's foreign exchange reserves have reached $20 billion.

The central bank said on Thursday that under the BPM6 method prescribed by the International Monetary Fund (IMF), the reserves stood at $20.09 billion., while the gross reserves were recorded at $25.26 billion.

Earlier this month, the reserves had dipped below the $20 billion mark following Bangladesh Bank's settlement of import bills under the Asian Clearing Union (ACU).

Arief Hossain Khan, executive director and spokesperson for the central bank, told bdnews24.com that $1.75 billion had been paid towards ACU dues over the past two months.

As of Mar 6, the central bank's data showed reserves at $21.40 billion under the BPM6 method.

Bankers attri...