Bangladesh’s gross foreign exchange reserves have exceeded the $27 billion mark under the International Monetary Fund’s (IMF) calculation method, reaching their highest level since the country adopted the system.

According to Bangladesh Bank (BB) data, reserves under the IMF’s Balance of Payments and International Investment Position Manual, known as BPM6, stood at $27.12 billion on Thursday, up from $26.84 billion a day earlier.

In the central bank’s own estimation method, the gross reserve increased to $31.94 billion from $31.72 billion over the same period.

This marks the first time reserves have surpassed $27 billion since Bangladesh adopted the BPM6 framework in early 2023. The transition was part of a $5.5 billion IMF lending package aimed at stabilizing the country’s macroeconomic situation. The initial program, approved in early 2023 for $4.7 billion, was later expanded by an additional $800 million.

Data show that the central bank bought $2.09 billion from the market between July 13 and October 9 to help stabilize the exchange rate of the Taka against the US dollar.

Officials view the reserve buildup as a positive signal for external stability and a buffer against future payment pressures.