Bangladesh Bank has purchased an additional $50 million from four commercial banks as remittance inflows continue to rise.
The central bank bought the dollars at a rate of Tk 122.75 per dollar, according to Bangladesh Bank sources.
Official data shows that remittance inflows reached an all-time high of $3.75 billion in March. The increase was largely driven by expatriates sending higher amounts of money to their families ahead of Eid al-Fitr.
In addition, remittances totaling $1.6 billion were received between April 1 and April 14, marking a 25.2 percent increase compared to the same period last year.
After a gap of one and a half months, the central bank resumed dollar purchases from the market on Wednesday, buying $70 million from Islami Bank Bangladesh.
Officials said that with Thursday’s transaction, the total amount of dollars purchased by the central bank in April has reached $120 million.
Overall, in the current fiscal year 2025–26, Bangladesh Bank has purchased a total of $5.61 billion from the market so far.
As a result, the country’s total foreign exchange reserves have risen to $35.03 billion, up from $34.60 billion just two days earlier.