Central bank buys $123m through auction

Bangladesh Bank (BB) on Sunday purchased US$123 million from eight commercial banks through multiple auction methods.

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

Accordingly, total purchases stood at $1,448 million in February and $5,381.50 million in FY 2025-26 till February 22.

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