Bangladesh’s foreign exchange reserves rose to $27.4 billion in April, signaling renewed economic stability under the interim government led by Finance Adviser Dr. Salehuddin Ahmed.
The announcement came on Monday during the presentation of the national budget for FY2025–26. Dr. Ahmed credited the reserve growth to sustained remittance inflows and steady export earnings, which together have helped maintain a stable exchange rate — a key factor in controlling inflation.
“Keeping the exchange rate stable is crucial to curbing inflation,” he said during his nationally broadcast speech. “To ensure that, we must keep our foreign reserves healthy.”
He noted that since taking office, the interim administration has prioritized stabilizing the country’s reserve position. Those efforts, coupled with easing global commodity prices and falling import-based inflation, have allowed the government to introduce a market-based exchange rate from May 14, 2025.
Economic observers view the foreign reserve uptick as a vote of confidence in the interim government, which assumed power earlier this year following mass student-led protests that toppled the previous administration.
The increase is expected to strengthen the local currency and reduce inflationary pressure in the months ahead.
LND/BG
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