Bangladesh Sees Fresh Rise in Reserves Amid Robust Remittance Inflows
Bangla Press Desk: Bangladesh's foreign exchange reserves have increased again, driven by a strong rise in remittance inflows, according to the latest data released by the Bangladesh Bank on Monday.
The country's gross foreign exchange reserves climbed to $36.469 billion ($36,469.94 million), according to the central bank's Forex Reserve and Treasury Management Department.
The latest figures were confirmed by Bangladesh Bank Joint Director Mohammad Ibrahim Munshi.
Under the International Monetary Fund's (IMF) Balance of Payments and International Investment Position Manual, Sixth Edition (BPM6) methodology, Bangladesh's usable foreign exchange reserves currently stand at $31.652 billion ($31,651.97 million).The increase comes on the back of robust remittance inflows. Bangladesh Bank data show that expatriate Bangladeshis sent home $2.859 billion in July, the first month of the 2026-27 fiscal year, compared with $2.478 billion in the same month last year, marking a 15.4% year-on-year increase.
A significant portion of the inflows came during the final two days of the month. According to the central bank, remitters sent nearly $152 million on 30 and 31 July, providing a notable boost to July's overall remittance earnings.
Economists said sustained growth in remittance inflows would further strengthen the country's foreign exchange reserves, improve external sector stability and help ease pressure on the US dollar market.
The steady rise in reserves is expected to bolster Bangladesh's capacity to meet external payment obligations while supporting overall macroeconomic stability amid continued efforts to strengthen the country's foreign exchange position.
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