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Bangladesh’s foreign exchange reserves have climbed to $22.04 billion as of 30 April, according to the IMF’s Balance of Payments and International Investment Position Manual (BPM6), the Bangladesh Bank announced on Wednesday.
This reflects an increase from $21.18 billion recorded on 15 April.
Under the central bank’s traditional calculation method, gross reserves currently stand at $27.41 billion.
The uptick is primarily driven by robust remittance inflows, with a record $2.61 billion received during the first 29 days of April. This follows an all-time high of $3.29 billion remitted in March.
Remittances remained strong in the earlier months as well, with $2.53 billion in February and $2.19 billion in January.
Notably, the remittance flow has remained resilient even after the Eid holidays, highlighting the continued contribution of expatriate workers to the national economy.
During the first nine months of the current fiscal year (FY25), total remittances reached $21.77 billion—sharply up from $17.07 billion during the same period in FY24.
The steady growth underscores the vital role of remittances in strengthening Bangladesh’s foreign currency reserves and overall economic stability.
