HomeNewsBangladesh Bank Buys $50 Million as Remittance Surge Boosts Forex Market

Bangladesh Bank Buys $50 Million as Remittance Surge Boosts Forex Market

Bangladesh Bank has purchased $50 million from four commercial banks at Tk 122.75 per US dollar, as strong remittance inflows continue to support liquidity in the foreign exchange market.

Remittances hit a record $3.75 billion in March, while inflows reached $1.60 billion in the first two weeks of April, up 25.2% year-on-year.

With the latest purchase, the central bank’s dollar buying in April rose to $120 million, taking total acquisitions to $5.61 billion in FY26.

Officials said rising remittances and export earnings have improved dollar supply, prompting the central bank to rebuild reserves, which stood at $35.03 billion.

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