Dhaka, June 26 -- Bangladesh's foreign exchange reserves climbed to $30.51 billion on Thursday, reflecting a renewed strength in the country's external sector.

But, officials said, under the International Monetary Fund's (IMF) Balance of Payments and International Investment Position Manual (BPM6), the reserve is calculated at $25.51 billion.

The usable portion of this, according to the same method, stands at $19.80 billion, said the Bangladesh Bank officials.

The boost in reserves follows a notable rise in remittance inflows through formal channels, largely attributed to the change in government after the Awami League's departure from office.

This surge in remittances has brought much-needed relief to the foreign exchange market, eas...