Bangladesh received a loan of about 2 billion dollars including the third installment of the IMF loan. The country’s foreign exchange reserves rose to $22 billion on Thursday. And according to the method that Bangladesh Bank has been calculating so far, the reserve stands at 27.15 billion dollars. The previous day on Wednesday which was 19.47 and 24.63 billion dollars. Bangladesh Bank Spokesperson and Executive Director Majbaul Haque told media this information.

He said, we have received 1.15 billion dollars of the third installment of the IMF loan. Again, 900 million dollars came from the sources of Korea, World Bank, IDB. All in all, as a final gross reserve stands at 27.15 billion dollars.

Bangladesh Bank now maintains three accounts of reserves. According to the IMF’s BPM6 manual, gross reserves stand at $22 billion. And net reserve information is provided only to the IMF.

Reserves crossed the $48 billion mark in the country’s history in August 2021. However, it has come down to this level due to various reasons including sale from reserves to meet import liabilities, decrease in foreign investment, increase in debt repayment pressure. That is why the government is taking a loan of 4.7 billion dollars from the IMF. Bangladesh received the third installment of the loan on Thursday.