Forex reserves rise to $30.30b

Staff Reporter :

Bangladesh’s foreign exchange reserves have increased to $30.30 billion, up from $30.11 billion.

Confirming the matter Arief Hossain Khan, spokesperson and executive director of Bangladesh Bank, said that the rise in reserves is mainly the result of the central bank purchasing US dollars from commercial banks through regular auctions.

He noted that these purchases have been supported by robust growth in remittances sent through formal banking channels.

Official data show that Bangladesh received $3.17 billion in remittances in January 2026 the third-highest monthly inflow on record.

This represents a sharp year-on-year increase of 45.41 percent compared with January 2025, when remittances totalled $2.18 billion.

A senior central bank official said the higher remittance inflows have significantly boosted dollar liquidity in the banking system.

To prevent the taka from appreciating too rapidly against the US dollar due to excess supply, the central bank has been actively buying dollars from banks through auctions.

“Bangladesh Bank is increasing reserves by purchasing dollars from commercial banks,” the official explained.

“This approach helps maintain exchange rate stability while simultaneously strengthening the country’s foreign exchange reserves.”

In February alone, the central bank has so far bought $1.53 billion from commercial banks.

This includes $87 million purchased from eight banks on Monday at an exchange rate of Tk122.30 per dollar.

With these latest transactions, Bangladesh Bank’s total dollar purchases in the current fiscal year (FY2025–26) have reached $5.47 billion, underscoring its continued efforts to balance exchange rate management with reserve accumulation.