Dhaka, Oct. 26 -- The International Monetary Fund (IMF) has welcomed the recent rise in Bangladesh's foreign exchange reserves but said it will review whether the central bank's actions align with the country's exchange rate policy.

An IMF mission is scheduled to visit Bangladesh this month to conduct the fifth review of the conditions tied to the $5.5 billion loan programme.

Thomas Helbling, deputy director of the IMF's Asia and Pacific Department, told media in Hong Kong that discussions with authorities will take place on-site, with outcomes yet to be determined.

"Accumulating reserves to reduce balance of payments vulnerabilities is a key objective of the IMF-supported programme.

The central bank's success in this regard is welcom...