Dhaka, Feb. 9 -- Bangladesh's foreign exchange reserves have hit a new milestone, crossing $34 billion mark as of Monday (February 9).

This growth is largely attributed to a sustained surge in inward remittances and strategic stability in the foreign exchange market.

Arif Hossain Khan, Executive Director and Spokesperson of Bangladesh Bank, confirmed that by the close of business on Monday, gross reserves stood at $34.06 billion. Under the IMF's BPM6 calculation method, the reserves are valued at approximately $29.48 billion.

The reserves have shown consistent growth over the past month:

February 9: $34.06 billion (BPM6: $29.48 billion)

February 2: $33.25 billion (BPM6: $28.75B)

January 15: $32.32 billion (BPM6: $28.03 billion)

Exp...