Bangladesh
4 hours ago

BB buys $50m through dollar auction

Published :

Updated :

Bangladesh Bank (BB) on Tuesday purchased $50 million from three commercial banks through multiple auction methods.

According to central bank data, it bought dollars at the rate of TK 122.75.

Accordingly, total purchases stood at $80 million in May 2026 and $5,753.50 million in FY 2025-26.

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

Share this news