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Forex Reserves Top $30bn as Central Bank Buys Dollars
Representational image.
The country’s foreign exchange reserves have crossed the $30 billion mark following increased dollar purchases by the central bank, officials said on Wednesday evening.
According to Bangladesh Bank spokesperson and Executive Director Arief Hossain Khan, reserves now stand at $30.06 billion.
The central bank has been buying US dollars from commercial banks through auctions, a move supported by rising remittance inflows through formal banking channels.
Expatriates sent home $3.17 billion in January 2026, the third-highest monthly inflow on record and 45.41 percent higher than the $2.18 billion received in January 2025.
Officials said the surge in remittances has boosted dollar supply in banks. To prevent the exchange rate from falling sharply, the central bank has stepped up dollar purchases.
By absorbing excess dollars, the bank is both strengthening foreign reserves and maintaining stability in the exchange rate, a senior official added.