Bangladesh Forex Reserves Surpass $29 Billion After $1 Billion Mid-Month Surge

Bangladesh’s foreign exchange reserves have climbed by nearly $1 billion in just 15 days, reaching $29.19 billion as of January 7, according to the central bank.

Bangladesh Bank spokesperson and Executive Director Arif Hossain Khan announced the updated figures today. Under the International Monetary Fund’s (IMF) BPM6 accounting standard, the country’s gross reserves stood at $28.04 billion on December 22, 2025, marking a rapid increase within a fortnight.

The central bank has primarily bolstered its reserves by purchasing U.S. dollars from commercial banks via auctions. Officials noted that the dollar supply within the banking system has strengthened significantly due to a surge in remittance inflows from expatriates.

"To stabilize the exchange rate amid these higher inflows, the central bank has been active in buying dollars through auctions," a senior official said.

Data reveals that the central bank purchased $3.54 billion during the first half of the 2025–26 fiscal year. In January 2026 alone, dollar purchases have already reached $411 million.