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BB buys $123 million through auction

Greenwatch Desk Banking 2026-02-22, 5:05pm

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Bangladesh Bank (BB) today 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 stabilize the Taka against the US dollar and revitalize remittance and export inflows, reports BSS.