IMF, ADB loans added to Bangladesh's forex reserves
File Photo: Reuters
The International Monetary Fund's $689 million in the second tranche of its $4.7 billion loan package and the Asian Development Bank's $400 million loan has been added to the foreign exchange reserves of Bangladesh.
Bangladesh Bank Spokesperson and Executive Director Md Mezbaul Haque confirmed the matter to The Business Standard on Friday (15 December).
The BB data shows that the country's reserves were $19.16 billion as per IMF's BPM-6 calculations on Thursday. Currently, it has increased to $19.85 billion.
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Earlier on Wednesday, the central bank said $1.31 billion will be added to the reserves from various sources this December.
