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  3. BB Purchases $353m in Dollar Auction to Stabilise Taka

BB Purchases $353m in Dollar Auction to Stabilise Taka

Staff Correspondent: Banking 2025-09-15, 6:35pm

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Bangladesh Bank (BB) purchased US$353 million from 26 commercial banks through multiple auctions on Sunday, aiming to curb the dollar’s rise against the taka and boost remittance and export earnings.

The central bank set a cut-off rate of Tk 121.75 for the transactions. With this, BB’s total dollar purchases in the ongoing fiscal year 2025–26 have reached US$1.75 billion.

A senior central bank official said BB is intervening in the market to keep the exchange rate stable. He added that the bank may also sell dollars through auctions if the greenback strengthens further against the taka.