BB buys $83m more from banks in dollar auction

BSS
Published On: 10 Aug 2025, 19:49
Photo : Collected

DHAKA, Aug 10, 2025 (BSS) – The Bangladesh Bank today purchased $83 million more from 11 banks through a dollar auction as part of its ongoing strategy to curb the depreciation of the US dollar against taka and revitalize the remittance and export sectors.

According to central bank data, it bought $83 million at the rate of TK  121.47-121.50. 

So far, Bangladesh Bank has brought $622 million in FY26. 

Earlier on August 7, it bought $45 million at a rate of TK 121.35-121.50 in an auction. 

This follows a purchase of $10 million on July 23 at a cut-off rate of TK 121.95, marking a reduction of at least 45 basis points in the rate.

This series of interventions began on July 13, when the central bank bought $171 million at TK 121.50 in a historic first-ever dollar auction. This was followed by another purchase of $313 million at the same rate on July 15. 

 

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