Forex market stable, reserves hit $34.35b amid record remittance: BB - News Summed Up

Forex market stable, reserves hit $34.35b amid record remittance: BB


DHAKA, April 7, 2026 (BSS) - Bangladesh Bank (BB) has categorically dismissed speculation regarding an imminent devaluation of the Taka, asserting that the national foreign exchange market remains robustly stable. In a notable display of market confidence, the central bank has exercised significant restraint regarding market intervention. However, despite the NOP surpassing this limit, the central bank has refrained from purchasing dollars over the last month to allow for natural market liquidity. This consistent inflow has significantly enhanced the supply side of the foreign exchange market, further stabilizing the exchange rate. The central bank highlighted its successful fulfillment of major international financial commitments, demonstrating the economy's underlying resilience.


Source: Bangladesh Sangbad Sangstha April 08, 2026 06:42 UTC



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