The nation has kicked off talks with ratings agencies to lay the groundwork for a return to international debt markets
Bangladesh Bank Forex Reserve and Treasury Management Department General Manager Kazi Saidur Rahman said the reserves stood at $21.12 billion on Thursday.
According to the central bank, the reserves earlier exceeded $21 billion on June 16 but depleted following payment of $970 million import bills to the Asian Clearing Union (ACU) on July 6.
Rahman attributed the rise in forex reserves to ‘the positive trend’ in remittance inflow and export earnings, and disbursement of foreign loans to local organisations.
He said Bangladesh could pay import bills of more than six months with the current balance.