Dhaka, April 28 -- Bangladesh's foreign exchange reserves have reached US$26.79 billion, according to a press release from Bangladesh Bank issued on Sunday.However, when measured using the International Monetary Fund's (IMF) methodology under the Balance of Payments and International Investment Position Manual (BPM6), the country's reserves are reported at $21.43 billion.
Earlier last month, the reserves had surpassed $25 billion by the end of March, driven by a record surge in remittance inflows. According to data released by the central bank on March 27, the gross reserves stood at $25.44 billion, largely due to a significant increase in remittance receipts. In the first 26 days of March, remittances totalled $2.94 billion, the highest m...