Dhaka, May 1 -- Bangladesh's foreign exchange reserves have crossed the $22 billion threshold for the first time in several months, bolstered by a steady inflow of remittances and export earnings.
According to the International Monetary Fund (IMF) calculation method, reserves stood at $22.04 billion as of Wednesday, rising from $21.41 billion the previous week, based on the latest data from the Bangladesh Bank. On 15 April, the figure stood at $21.18 billion.
The central bank's own calculation places the gross foreign exchange reserves even higher, at $27.41 billion.
The recent uptick is largely attributed to record-high remittance inflows in recent months - a trend that has sustained momentum into April.
During the first 29 days of Apr...