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  3. Bangladesh Bank Buys $2.12 Billion to Stabilize Forex Market

Bangladesh Bank Buys $2.12 Billion to Stabilize Forex Market

Staff Correspondent: Economy 2025-10-14, 8:05pm

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Bangladesh Bank on Tuesday purchased US$38 million from six banks as part of its ongoing efforts to strengthen and stabilize the foreign exchange market.

With this latest transaction, the central bank has acquired a total of $2.12 billion from various banks so far in the current fiscal year, FY2025-26.

Arif Hossain Khan, Executive Director and spokesperson for Bangladesh Bank, said the dollar was bought at a rate of Tk121.8 per dollar.

“Maintaining stability in the foreign exchange market is a priority for Bangladesh Bank. This step will also encourage expatriates to send more remittances,” he added.