Dhaka, June 14 -- Bangladesh's foreign exchange reserves have crossed the $31 billion mark after the Asian Development Bank (ADB) disbursed $1 billion in budget support loans.

At the end of Sunday, reserves stood at $31.07 billion under the Balance of Payments (BPM-6) accounting method, while gross reserves reached $35.62 billion, according to Bangladesh Bank.

Bangladesh Bank spokesperson and Executive Director Arief Hossain Khan said the inflow from the ADB added to already strong reserve conditions.

"Remittance inflows had already surged and dollar purchases had kept reserves at a satisfactory level. The ADB loan has further increased it. There is no longer any concern or anxiety regarding this indicator," he said.

Gobinda Bar, head...