Bangladesh Bank bought nearly $4 billion in FY26 so far

The central bank purchased $55 million from five commercial banks today
By Star Business

Bangladesh Bank (BB) has purchased a total of $3.93 billion from the interbank foreign exchange market so far in fiscal year 2025–26, reflecting continued intervention to manage dollar liquidity.

The banking watchdog bought $55 million from five commercial banks today at an exchange rate of Tk 122.30 per US dollar, which also served as the cut‑off rate.

With the latest transaction, the regulator’s total dollar purchases in January 2026 stood at $798 million, according to Bangladesh Bank officials.

The central bank has been actively buying the American greenback from the market in recent months amid improved inflows and easing pressure on the foreign exchange market, officials said.

BB, which sold more than $25 billion from its foreign exchange reserves between FY21 and FY25 to help cover imports of fuel, fertiliser, and food, has begun purchasing US dollars since the start of this fiscal year, as supply has increased due to higher exports and remittances.

Since early July, the Bangladeshi taka has gained against the dollar.

Bangladesh’s forex reserves have continued to rise due to the central bank’s consistent USD purchases.

Bangladesh’s gross foreign exchange reserves stood at $32.66 billion as of January 22 this year, according to BB data.

However, the figure stood at $28.06 billion under the International Monetary Fund’s Balance of Payments and International Investment Position Manual (BPM6).