Dhaka: Bangladesh Bank (BB) today purchased US$202 million from 13 commercial banks through multiple auction methods as part of its ongoing strategy to curb the depreciation of the US dollar against the taka and revitalize the remittance and export sectors.
According to Bangladesh Sangbad Sangstha, the central bank data revealed that the dollars were bought at the rate of Tk122.27-122.29. This move is part of a broader effort by BB to stabilize the national currency and support economic growth by bolstering vital financial sectors.