Forex reserves rise to $30.30b as cenbank continues dollar purchase
According to data, Bangladesh received $3.17 billion in remittances in January 2026, the third-highest amount on record.
Bangladesh's foreign exchange reserves currently stand at $30.30 billion, up from $30.11 billion.
BB spokesperson and Executive Director Arief Hossain Khan said this evening (24 February) that the reserves continue rising mainly due to dollar purchases from commercial banks via auctions, supported by strong growth in remittance inflows through banking channels.
According to data, Bangladesh received $3.17 billion in remittances in January 2026, the third-highest amount on record. This is 45.41% higher than the same month in 2025, when remittance inflows stood at $2.18 billion.
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A senior central bank official told The Business Standard the supply of dollars in banks has increased due to higher remittance inflows.
To prevent a sudden fall in the dollar's exchange rate, the central bank is purchasing dollars through auctions, the BB official added.
He further said, "Bangladesh Bank is increasing reserves by buying dollars from commercial banks. This strategy helps keep the exchange rate stable while also raising reserves."
Meanwhile, Bangladesh Bank purchased $1.53 billion from commercial banks in February so far, including $87 million from eight banks today at Tk122.30 per dollar.
So far, the central bank's total dollar purchases in FY2025-26 stand at $5.47 billion.
