Dhaka, Dec. 19 -- Bangladesh Bank Governor Ahsan H Mansur has expressed confidence that the country's foreign exchange reserves could rise to between $34 billion and $35 billion by the end of the 2025-26 fiscal year.

Speaking at a discussion titled "Banking Sector Reforms: Challenges and Actions, organised by the Economic Reporters' Forum (ERF) in the capital on Thursday, the governor said the expected growth in reserves would come primarily from domestic sources, not external borrowing.He clarified that the central bank is not exerting pressure to collect dollars, noting that foreign currency is being acquired through market-based auctions instead.

According to Mansur, Bangladesh is steadily moving away from a fragile economic situatio...