Dhaka, Feb. 18 -- As the Tarique Rahman-led BNP administration takes charge of the country after two decades of political ups and downs, Bangladesh's foreign exchange reserves currently stand at $29.85 billion.

According to the central bank, the figure was recorded on Tuesday under the International Monetary Fund's BPM6 methodology.

On the same day, members of the new cabinet were sworn in by President Mohammed Shahabuddin at parliament's South Plaza.

When the Awami League government was ousted during the July 2024 Uprising, reserves stood at $20.48 billion under the BPM6 calculation.

The interim administration that followed took charge of an economy facing volatility and introduced reforms over the past 18 months aimed at stabilising...