Bangladesh Bank manages reserves amid capital market concerns and currency legal challenge
The latest in this situation
How it started
What happened
Bangladesh Bank reported that its gross foreign exchange reserves increased by 46.6 percent in two years, reaching US$36.44 billion on September 8, 2026, supported by stronger remittance inflows and improved dollar liquidity. Separately, a Supreme Court lawyer filed a legal notice demanding that Bangladesh stop printing paper currency without equivalent reserves of gold, silver, and major convertible foreign currencies. The central bank also published its daily secondary-market yield curve.
Why it matters
The substantial growth in reserves marks a major recovery from previous foreign exchange pressures. However, reports indicate that the capital market remains shallow, with the Dhaka Stock Exchange's turnover dropping to Tk 317 crore in October, suggesting businesses remain heavily reliant on bank loans rather than corporate bonds.
From thedailystar.net, bssnews.net
Who's involved
- Bangladesh BankCentral bank responsible for monetary policy and managing foreign exchange reserves
- Md Mostaqur RahmanGovernor of Bangladesh Bank
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- RICESpeculative
Improved dollar liquidity might ease pressure on businesses to manage import and external payment obligations.
How it developed
Newest first. Tap a step to see who reported it.Bangladesh Bank released its yield curve, a key indicator of monetary policy.1 source
Bangladesh Bank is managing the country's foreign exchange reserves.1 source
Bangladesh Bank is confirmed to operate as the country's central bank.1 source
- Governor promotes central bank's digital payment initiatives to build a cashless payment ecosystem in Bangladesh.Sub-event
Bangladesh Bank proposes moving towards inflation-targeting and shortening its monetary policy cycle.1 source
Bangladesh Bank implements contractionary monetary policy amid policy challenges.1 source
- Bangladesh Bank announced a refinancing and incentive package while the Dhaka Chamber of Commerce and Industry criticized policy coordination.Sub-event
- Md Mostaqur Rahman serves as the central bank's governor.Sub-event
Show 2 earlier steps
- Bangladesh Bank proposed a revolving fund specifically for renewable energy projects in Bangladesh.Sub-event
The core function of the Bangladesh Bank as the central bank of Bangladesh.1 source
Keep exploring
The entities involved
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Bangladesh Bank
central bank of Bangladesh and member of the Asian Clearing Union
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Bangladesh
country in South Asia
Related events
- The International Monetary Fund monitors inflation and price pressures in Bangladesh, providing projections that influence central bank warnings.
- Bangladesh aligns its economic reforms with proposals from the IMF and World Bank amidst Middle East conflict pressures.
- Bangladesh is currently discussing new loan agreements and financing options with the World Bank, ADB, and IMF.
- The government of Bangladesh is facing pressure regarding policy implementation.
- Bangladesh is seeking external funding, including from the World Bank, to cover the costs of its energy subsidies.
Coverage
Newest first; wire copies grouped- thedailystar.net
- bdnews24.com
- bssnews.net
- bssnews.net
- bssnews.net
- thedailystar.net
- thedailystar.net
- thedailystar.net
- thedailystar.netHasnat proposes shorter monetary policy cycle; BB governor calls it ‘a very good suggestion’
- thedailystar.netBB chief economist acknowledges limits of contractionary monetary policy in curbing inflation
- thedailystar.net
- thedailystar.net
- thedailystar.net
- bssnews.net
- thedailystar.net
- thedailystar.net