Bangladesh’s Foreign Exchange Reserves Continue Rising

Bangladesh’s foreign exchange reserves have increased further, providing another positive indication of the country’s external financial position amid continued efforts to strengthen macroeconomic stability.

According to information released on Thursday, Bangladesh’s total foreign exchange reserves stood at US$37.65863 billion as of 2 July, reflecting a modest increase compared with the previous reporting period. The update was confirmed by Bangladesh Bank Executive Director and spokesperson Arif Hossain Khan, who shared the latest figures with the media.

He said the country’s gross foreign exchange reserves had reached US$37.65863 billion by Thursday. Under the International Monetary Fund (IMF) Balance of Payments and International Investment Position Manual, Sixth Edition (BPM6) methodology, which is widely used for international comparisons and excludes certain less-liquid reserve assets, Bangladesh’s usable reserves stood at US$33.01319 billion.

The latest figures represent an improvement from the position recorded just two days earlier. As of 30 June, Bangladesh’s gross foreign exchange reserves were US$37.56189 billion, while reserves calculated under the IMF’s BPM6 framework stood at US$32.90063 billion.

The increase means that gross reserves rose by approximately US$96.74 million over the period, while the BPM6 measure of reserves increased by around US$112.56 million.

Foreign exchange reserves are regarded as one of the key indicators of a country’s financial resilience. They enable the central bank to meet external payment obligations, finance essential imports, support exchange rate stability when necessary, and strengthen investor confidence during periods of global economic uncertainty.

In Bangladesh, reserve movements are closely monitored by policymakers, businesses and financial markets, particularly as the country continues to manage import payments, overseas debt servicing and fluctuations in remittance inflows and export earnings. The distinction between gross reserves and the IMF’s BPM6 calculation has become increasingly significant in recent years, as the latter provides a clearer picture of the liquid foreign currency assets that are readily available for use.

The latest rise suggests a gradual improvement in the country’s reserve position, although economic analysts generally continue to focus on sustained growth in export receipts, remittances and prudent foreign exchange management as the principal factors supporting long-term reserve stability.