DHAKA, Sept. 4 (Xinhua) -- Bangladesh's foreign exchange reserves reached more than 26 billion U.S. dollars, the central bank data showed.

The Bangladesh Bank data showed on Wednesday that the country's foreign exchange reserves stood at 26,450 million dollars on Sept. 3, according to the International Monetary Fund (IMF) calculation method.

The bank said gross reserves were 31.43 billion dollars.

The reserves calculated under the IMF's balance of payments and investment position manual method were immediately usable, while gross reserves were also usable, subject to the realization of investment.

For a growing economy like Bangladesh, forex reserves equivalent to six months' import bills are considered adequate.

With the existing reserves, however, central bank officials said Bangladesh is in a position to pay some four months' import bills.

Bangladesh's gross foreign exchange reserves hit an all-time high of 48 billion dollars in August 2021. ■