Bangladesh Bank purchased US$87 million from eight commercial banks through multiple auction methods

Bangladesh Bank (BB) today purchased US$87 million from eight commercial banks through multiple auction methods.

According to central bank data, it bought dollars at the rate of Tk 122.30, reports BSS.

Accordingly, total purchases stood at $1,535 million in February and $5,468.50 million in FY 2025-26 till February 24.

Sources said the BB purchased the dollars as part of its strategy to stabilize the Taka against the US dollar and revitalize remittance and export inflows.

This article has been posted by a News Hour Correspondent. For queries, please contact through [email protected]
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