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BB buys $85 million through dollar auction

Greenwatch Desk Banking 2026-05-19, 5:12pm

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Bangladesh Bank (BB) today purchased US$85 million from six commercial banks through multiple auction methods.


According to central bank data, the dollars were bought at a rate of Tk 122.75 per US dollar.

With the latest purchase, the central bank's total dollar purchase stood at US$395 million in May 2026 and US$6,068.50 million in FY2025-26.

Sources said the BB purchased the dollars as part of its strategy to stabilise the taka against the US dollar and boost remittance and export inflows, reports BSS.