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BB buys $20 million through dollar auction

Greenwatch Desk Banking 2026-05-12, 7:11pm

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Bangladesh Bank (BB) today purchased $20 million from one commercial bank through multiple auction methods.


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

Accordingly, total purchases stood at $145 million in May 2026 and $5,818.50 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, reports BSS.