Dhaka, June 25 -- Bangladesh's foreign exchange reserves have surged to $27.31 billion, bolstered by record remittance inflows and fresh disbursements from the International Monetary Fund (IMF).

Arif Hossain Khan, Executive Director and spokesperson of Bangladesh Bank, told UNB on Wednesday that the recent rise in reserves was driven by subdued import demand and increased foreign aid inflows in recent months.

This marks a notable rise from the central bank's previous update on Monday (June 23) when gross reserves were recorded at $26.82 billion. But, under the IMF's Balance of Payments and International Investment Position Manual, Sixth Edition (BPM6), the reserves were reported at $21.75 billion on that date.

Earlier, on May 27, the c...