Bangladesh鈥檚 gross foreign exchange reserves, calculated under International Monetary Fund guidelines, crossed $22 billion again on Wednesday, driven by strong remittance inflows and export earnings.
According to Bangladesh Bank data, reserves stood at $22.04 billion on Wednesday compared with that of 20.35 billion on March 28.
The forex reserve crossed $22 billion mark after 1 year and eight months. It was $23.25 billion in August 2023.
Bankers said that high remittance inflow and export聽 earnings contributed most to the surge in reserve balance.
In addition, according to conventional valuation by the Bangladesh Bank, the foreign exchange reserve increased to $27.41 billion on Wednesday from $25.5 billion on March 28.
This improvement in reserve position offers the central bank some breathing space in managing currency volatility and external debt obligations.
According to BB data, from July 2024 to March 2025 of the 2024-25 financial year, remittance inflow totalled $21.77 billion, marking a 27.6-per cent increase from $17.07 billion in the same period of FY24.
Remittance inflow remained above $2 billion consecutively since August.