Forex Reserves Rise to $30.46bn on Dollar Purchase

Bangladesh’s foreign exchange reserves rose to $30.46 billion as of April 21, reflecting a modest increase from $30.37 billion recorded earlier, central bank officials said.

The rise was driven by recent purchases of US dollars by the central bank from commercial banks, aimed at strengthening foreign currency holdings.

Arif Hossain Khan, spokesperson and executive director of the central bank, confirmed the updated reserve position while briefing journalists.

Officials said more than $180 million was bought from the market between last week and Monday, contributing to the increase in reserves.

A senior central bank official said the move was partly linked to upcoming payments to the Asian Clearing Union (ACU), which are scheduled for next month. The purchases were made to ensure adequate foreign currency liquidity ahead of the settlement.