Forex reserves jump 56% to $32b in 1.5 years: Finance Adviser

The country’s foreign currency reserves have jumped by 56% to $32 billion in more than one and a half years since August 2024, said Finance Adviser Dr Salehuddin Ahmed on Monday.

By August 2024, the economy was pushed into the “intensive care unit (ICU)” by more than a decade of state-backed looting and plundering, the adviser told reporters, adding the economy has now been shifted to the “cabin.”

The adviser made the remarks while campaigning for a “yes” vote in the July Charter implementation referendum. The campaign was hosted at the Hasan Ali High School in Chandpur.

He said, "There is no lack of a level playing field anywhere. We are not speaking to any individual candidate; we have spoken to the people. They will demonstrate that everyone is getting equal opportunity. The administration will not show any bias at all."