Bangladesh Bank (BB) on Tuesday purchased US$171 million from 11 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.
According to central bank data, it bought dollars at the rate of TK122.30.
Accordingly, total purchases stood at $966 million in February 2026 and $4,899.50 million in FY 2025–26 till 9 February 2026.
Bangladesh Bank data showed that during seven months of FY26, remittances increased to the level from that of $15.96 billion in the corresponding period of the previous financial year.
Read More