Dhaka, Bangladesh (BBN)- Bangladesh’s foreign-exchange reserves have crossed the US$31-billion mark after two months, supported by Bangladesh Bank’s (BB) market interventions and steady inflows.
Central Bank Action
The country’s central bank bought US$149.50 million on Thursday through a multiple-price auction, injecting nearly BDT 18 billion into 13 banks at BDT 121.70 per dollar. In the past six weeks, the regulator has purchased $948 million in total.
Supply Outpaces Demand
Forex transactions in the interbank market slowed as demand softened, leaving banks unable to offload dollars. The central bank stepped in to absorb the surplus and maintain stability.
IMF Programme Alignment
The intervention supports International Monetary Fund (IMF) recommendations under its $5.5-billion lending package, aimed at stabilizing the exchange rate and rebuilding reserves.
Reserve Position
Reserves rose to $31.19 billion on August 28, 2025, up from $29.80 billion in July, according to the BB’s latest data.
BBN/SSR/AD