The country鈥檚 gross foreign exchange reserve has crossed $32 billion after 31 months amid increased remittance and export earnings.
According to Bangladesh Bank, the foreign exchange reserve of the country reached $32.09 billion on October 16.
The figure marked highest after February 28, 2023 when it was at $32.26 billion.
On June 30, Bangladesh鈥檚 foreign exchange reserve hit $31.72 billion and $31.42 billion on September 30.
The reserve dropped to $30.3 billion on September 7 after the payment of import bills worth $1.5 billion was made to the Asian Clearing Union for July and August.
Foreign exchange reserves, calculated under IMF guidelines, stood at $27.33 billion on October 16.
The country received around $4 billion from International Monetary Fund, World Bank, the Asian Development Bank and Japan International Cooperation Agency at the end of June which contributed most to the jump in reserve balance.
Besides, remittance inflow and export earnings soared in current months.
According to Bangladesh Bank data, remittances inflow jumped by 15.9 per cent to $7.58 billion in July-September from $6.54 billion in the same period of FY24.
In the past fiscal year, remittance inflows crossed the $30 billion mark for the first time, reaching $30.32 billion 鈥� a 26.8 per cent rise from $23.91 billion in FY24.
Monthly inflows have remained above $2 billion since August 2024, supported by improved official exchange rates and government incentives.
The export earnings in July-September, the first three months of the 2025-26 financial year, witnessed a 5.64 per cent growth to $12.31 billion.
The BB follows the IMF鈥檚 Balance of Payments and International Investment Position Manual, 6th edition (BPM6), for calculating gross and net international reserves.
Bangladesh鈥檚 trade deficit increased to $2.95 billion in July-September, compared with $2.75 billion a year earlier.
The interbank exchange rate stabilized at Tk 122 a dollar as BB continued purchasing dollars from the banking sector to halt sharp fall of the green-back rate.
The exchange rate was Tk 86 a dollar in January 2022 and Tk 94.7 in July 2022.
