Bangladesh’s foreign exchange reserves have risen above $36 billion for the first time in 44 months. As of Wednesday, June 24th, gross foreign exchange reserves reached $36.10 billion, according to Bangladesh Bank data. The reserves had fallen below $36 billion in October 2022. This increase follows a period of foreign currency shortages, rising import costs, and pressure on the dollar market. The rebound suggests a potential stabilization of the country’s economic situation. Analysts attribute the improvement to recent remittance inflows and measures taken to curb imports. The central bank continues to monitor the situation closely to ensure sustained economic stability.