Bangladesh’s foreign currency reserves have strengthened ahead of Eid-ul-Fitr as remittance inflows increased notably over the past two weeks. According to Bangladesh Bank data, as of March 16, 2026, the country’s total reserves stood at 34.22 billion US dollars. Under the IMF’s BPM6 calculation method, the figure amounts to 29.52 billion dollars.

Earlier, on March 3, total reserves were recorded at 35.32 billion dollars, or 30.58 billion dollars under the IMF method. The rise in reserves has been supported by a significant inflow of remittances from expatriates, who sent over 2 billion dollars during the first 14 days of March. Total remittance inflows during this period reached 2.2044 billion dollars, equivalent to about 270 billion taka at an exchange rate of 122 taka per dollar.

The report notes that the increase in remittances has provided a timely boost to the country’s foreign exchange position before the Eid festival, though future flows could be affected if global conflicts persist.