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The International Monetary Fund (IMF) has disbursed $1.3 billion in loan funds to Bangladesh, bringing the country’s foreign currency reserves to $27.31 billion. Bangladesh Bank spokesperson Arif Hossain Khan confirmed the development. The loan includes the fourth and fifth tranches of a $4.7 billion package approved in an IMF board meeting on Monday. As of June 23, gross reserves stood at $26.82 billion, while BPM6-compliant reserves were $21.75 billion.

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