Bangladesh Bank says ‘reserve heist’ report is fake

It was “absolutely fake” news, Bangladesh Bank spokesman Mezbaul Haque said today
By Star Business Report
14 May 2024, 15:33 PM
UPDATED 14 May 2024, 21:37 PM
It was “absolutely fake” news, Bangladesh Bank spokesman Mezbaul Haque said today.

Bangladesh Bank has dismissed a report published by an Indian digital news outlet on a "new reserve heist" at the central bank. 

It was "absolutely fake" news, Bangladesh Bank spokesman Mezbaul Haque said today.

"We have a three-tier confirmation policy with the Fed now and have regular reconciliation of transactions," he said.