by 
According to Bangladesh Bank sources, as of June 30, the foreign exchange reserves were $31.72 billion. This indicates a decline of approximately $1.72 billion in total reserves over a span of 24 days. Additionally, under the BPM6 methodology, the reserves on June 30 were $26.70 billion, showing a decrease of $1.71 billion in the same period.
Bangladesh Bank data reveals that on July 8, the central bank paid $201 crore to the Asian Clearing Union (ACU) for import dues for May and June. Following this payment, the total reserves dropped to $29.52 billion, while the reserves under BPM6 stood at $24.45 billion.
After the fall of the Awami League government, expatriates have increased remittances through legal channels. In the fiscal year 2024-25, remittances reached $30 billion, a 26 percent increase compared to the previous fiscal year. Meanwhile, despite various challenges, export earnings in the last fiscal year saw a growth of 8.5 percent.
Due to the positive trend in the two main sources of foreign exchange earnings—remittances and export earnings—the foreign exchange market has experienced some relief. This has reduced pressure on the foreign exchange reserves. For the past 10 months, the central bank has not been selling dollars from its reserves. Additionally, several billion dollars in loans for banking and revenue sector reforms, budget support, and other purposes have been coming into the country, contributing to the increase in foreign exchange reserves.
Furthermore, due to increased remittance inflows, export earnings, and relatively lower imports, the demand for dollars has decreased. As a result, the value of the US dollar against the Bangladeshi taka began to decline. In this context, this month, Bangladesh Bank purchased dollars from commercial banks through auctions to stabilize the dollar’s value.
