Скачать или смотреть Reserves stagnate, Interest Rate Increase & Exchange rate up

Bangladesh’s latest macroeconomic indicators show rising stress on the external front. The country’s foreign exchange reserve decreased by 5.61%, as the current account balance slipped back into deficit at -0.481 billion USD after maintaining a surplus for several months. Meanwhile, the Bangladeshi Taka appreciated slightly by 0.11 paisa to 122.29 this week. The call money rate increased to 9.80% from 9.75%, reflecting mild tightening in short-term liquidity conditions across the banking system.

The external sector presented mixed developments. Remittance inflows surged 11.62% year-on-year, continuing to provide support to the external balance, while exports declined by 4.89%, indicating softer global demand and persistent challenges in merchandise trade performance.

Encouragingly, capital machinery imports grew by 22.87% in the July–September 2025 quarter, compared to a sharp -40.90% contraction in the same period of 2024, signaling a potential reversal of the earlier investment slowdown. This improvement reflects renewed expansion activities by RMG exporters and several domestic industries, suggesting a gradual recovery in private investment sentiment.

On the inflation front, CPI increased to 8.36% from 8.29%, pointing to ongoing price pressures despite policy efforts to stabilize key commodities. Fiscal performance remained robust, with August 2025 tax revenue rising 17.69%, compared to a -9.93% contraction in August 2024, highlighting improved collection efficiency despite administrative constraints at the NBR.

Monetary aggregates showed moderation, as M2 growth improved to 8.14% in FY25 from 7.88% in FY24, while private sector credit growth declined to 6.29% in September 2025, compared to 9.20% in FY24, underscoring continued caution in credit expansion and investment financing. Overall, GDP growth for the year stood at 3.97%, reflecting a combination of structural and cyclical challenges in the broader economy.