Dhaka: The Bangladesh Bank today purchased $83 million from 11 banks through a dollar auction, continuing its strategy to curb the depreciation of the US dollar against the taka and to support the remittance and export sectors.
According to Bangladesh Sangbad Sangstha, the central bank acquired $83 million at a rate of TK 121.47-121.50. With this purchase, Bangladesh Bank has now acquired a total of $622 million in the fiscal year 2026.
Earlier, on August 7, the bank bought $45 million at a rate of TK 121.35-121.50 in an auction. Prior to that, on July 23, the bank purchased $10 million at a cut-off rate of TK 121.95, indicating a reduction of at least 45 basis points in the rate.
This series of interventions started on July 13, when the central bank made its first-ever dollar auction, buying $171 million at TK 121.50. This was followed by another significant purchase of $313 million at the same rate on July 15.