BB buys $107m through dollar auction

BSS
Published On: 09 Oct 2025, 18:03

DHAKA, Oct 09, 2025 (BSS) - Bangladesh Bank (BB) today purchased US$107 million from 10 commercial banks through multiple auction methods as part of its ongoing strategy to curb the depreciation of the US dollar against the taka and revitalise the remittance and export sectors.

The central bank set a cut-off rate of Taka 121.80 for these dollar purchases, according to the central bank data.

Bangladesh Bank has bought a total of $2,088 million from commercial banks till now of the fiscal year 2025-26 (FY26). 

Talking to BSS, a senior official of the central bank said BB has intervened in the market by purchasing US dollars from commercial banks through an auction aiming to keep the exchange rate of the BDT against the greenback stable.

He also said the central bank will sell the US dollar to banks through similar auction if the exchange rate of the greenback increases against the local currency.

"We may consider intervening in the market whenever necessary for ensuring the exchange rate of the US dollar against the local currency remaining stable," he added.

 

  • Latest
  • Most Viewed
Emeritus educationist Prof Syed Manzoorul Islam passes away 
Robber arrested with firearm in Ashulia
309 more Bangladeshis repatriated from Libya
308 dengue patients hospitalized in last 24 hrs
APBN arrests two with 761 gram gold at HSIA
Auto-rickshaw driver jailed for attacking police sergeant
Ton-up Jaiswal steers dominant India to 318-2 in West Indies Test  
Body of expatriate July fighter reaches Ctg from UAE
Seals, birds under threat in new 'red list' of endangered species
Processions, gatherings banned in Ctg port area for 30 days from tomorrow 
১০