BB Purchases USD 202 Million from 13 Banks

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BB Purchases USD 202 Million from 13 Banks

The central bank has been purchasing excess dollars from commercial banks in order to promote the flow of remittances and export revenue as well as to stabilize the foreign currency market. Bangladesh Bank bought USD 202 million from 13 banks on Tuesday.

The currency rate fluctuated between Tk 122.27 and Tk 122.29 per dollar during the transaction. The multiple-price auction process yielded a cut-off rate of Tk 122.29.

In the current fiscal year 2025–26, Bangladesh Bank has so far bought USD 2.51 billion (251.40 crore dollars) through auction. The central bank began purchasing dollars via auction on 13 July, and this large volume of foreign currency has been accumulated as part of that process.

Bangladesh Bank’s Executive Director and spokesperson Arif Hossain Khan said that on Tuesday, USD 202 million was purchased from 13 banks through a multiple-price auction. The dollar rate was set between Tk 122.27 and Tk 122.29 per dollar.

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