Bangladesh's Forex Reserves Cross $25 b Ahead of Eid

Bangladesh's foreign exchange reserves have surpassed $25 billion ahead of Eid, buoyed by a record surge in remittance inflows this month.
According to Bangladesh Bank data released on Thursday (March 27), the country’s gross reserves reached $25.44 billion, marking a significant recovery after a recent slump.
The increase was driven by a historic inflow of $2.94 billion in remittances during the first 26 days of March — the highest for any month in the nation’s history.
However, as per the International Monetary Fund (IMF) methodology under the Balance of Payments and International Investment Position Manual (BPM6), the net reserves currently stand at $20.29 billion. The net figure is calculated by deducting short-term liabilities from the gross reserves.
Earlier this month, on March 9, Bangladesh paid $1.75 billion to settle import bills through the Asian Clearing Union (ACU), temporarily pushing the gross reserves below $25 billion and net reserves below $20 billion. Following the remittance surge, net reserves have since rebounded above the $20 billion mark.
Central bank officials credit the remittance inflow for the much-needed relief, as the boost comes at a crucial time ahead of the Eid festivities.
Bangladesh Bank’s spokesperson and Executive Director, Arif Hossain Khan, confirmed the latest figures, expressing confidence in the country’s external financial stability. He noted that continued inflows could further stabilise the forex reserves in the coming months.
The record-breaking remittance inflow has offered a timely lift to the economy, providing optimism amid ongoing financial challenges.