News update
  • China's submarine-launched ballistic missile test sparks concern across Pacific     |     
  • Jamuna bank erosion worsens in Sirajganj; devours homes, cropland     |     
  • Belgium beats US 4-1 to reach World Cup quarterfinals     |     
  • Merino Sends Spain Through, Ends Ronaldo's World Cup     |     
  • নিম্নচাপ: কলাপাড়া উপকূলে বৃষ্টিপাত, পায়রা বন্দরে ০৩ নম্বর সতর্ক সংকেত     |     
  1. Home
  2. Banking
  3. BB buys $100m through dollar auction

BB buys $100m through dollar auction

Greenwatch Desk Banking 2026-05-21, 9:51pm

images83-d4d9c5af619549f5501d093c7f0741761779378672.jpg




Bangladesh Bank (BB) today purchased $100 million from six commercial banks through multiple auction methods.


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

Accordingly, total purchases stood at $565 million in May 2026 and $6,238.50 million in FY 2025-26.

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.