Record remittance raises reserve to US$31.68bn

Bangladesh’s foreign currency reserves have surpassed the $31 billion mark by the end of June 2025, driven by an unprecedented surge in remittance inflows during the fiscal year 2024-25 (FY25).

According to data released today by the Bangladesh Bank (BB), the nation’s gross reserves have climbed to $31.68 billion. This significant increase is attributed to a record-breaking inflow of remittances, which reached $30.33 billion in FY25, marking the highest ever recorded in any single fiscal year in the country’s history.

However, when assessed under the International Monetary Fund’s (IMF) Balance of Payments and International Investment Position Manual (BPM6) methodology, Bangladesh’s net reserves currently stand at US$26.66 billion.

Mridha Shihab Mahmud is a writer, content editor and photojournalist. He works as a staff reporter at News Hour. He is also involved in humanitarian works through a trust called Safety Assistance For Emergencies (SAFE). Mridha also works as film director. His passion is photography. He is the chief respondent person in Mymensingh Film & Photography Society. Besides professional attachment, he loves graphics designing, painting, digital art and social networking.
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