Bangladesh's central bank moved to reassure investors about the nation's foreign-exchange market stability as the taka slid to a record low against the dollar. The currency fell 0.1% to 123.0235 per dollar, prompting the central bank to emphasize that supply and demand remain balanced and confidence exists in the market.

Foreign currency liquidity in the banking system rose to $3.9 billion as of April 6, up from $2.3 billion at February's end. Bangladesh's foreign exchange reserves stand at about $34.35 billion, which the central bank described as a "strong shield against international payment pressure." Remittance inflows reached approximately $3.8 billion in March, the highest monthly figure on record.

The central bank noted that despite banks' net open positions rising to about $1 billion, it has not intervened in the market over the past month. Import payments and foreign debt repayments are proceeding normally, with $1.37 billion in Asian Clearing Union bills and about $180 million in government external debt paid last month.