Wednesday, June 25, 2025

Foreign Exchange Reserves Surge Past $27 Billion

 


Fueled by a record inflow of remittances and disbursements from the International Monetary Fund (IMF), Bangladesh’s foreign exchange reserves have seen a significant increase. According to the latest data from Bangladesh Bank, the country’s gross foreign exchange reserves now stand at $27.30 billion. Additionally, as per the IMF’s BPM-6 manual, the reserves amount to $22.24 billion.
Arif Hossain Khan, spokesperson and executive director of Bangladesh Bank, confirmed this information to the media on June 24, 2025. Prior to this, on June 23, the gross reserves were $26.82 billion, with BPM-6 reserves at $21.75 billion. As of June 15, gross reserves stood at $26.15 billion, and BPM-6 reserves were $20.86 billion.
Historically, Bangladesh’s reserves peaked at $48.04 billion on August 24, 2021. However, due to a dollar shortage, reserves have been declining steadily since last year. In 2013, reserves were only $15.32 billion, but they crossed the $40 billion milestone in 2020.
For economic stability, a country typically requires reserves equivalent to at least three months of import costs. Currently, Bangladesh’s reserves are at the lower end of this benchmark. Nevertheless, the recent surge in reserves, driven by robust remittance inflows and IMF support, signals positive developments for the economy.

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