BB Purchases $70 Million in Auction to Stabilize Taka

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Dhaka: Bangladesh Bank (BB) today purchased $70 million from four commercial banks through multiple auction methods.



According to Bangladesh Sangbad Sangstha, the central bank acquired the dollars at a rate of Taka 122.75.



The total amount of dollars purchased reached $465 million in May 2026, contributing to a cumulative total of $6,138.50 million for the fiscal year 2025-26. Sources indicated that these purchases are part of BB’s ongoing strategy to stabilize the Taka against the US dollar, aiming to revitalize remittance and export inflows.