Bangladesh Bank buys another $67m from 7 banks

Bangladesh Bank purchased $67 million from seven commercial banks today as part of its ongoing intervention in the foreign exchange market.

The dollars were bought at an exchange rate of Tk 122.30 per US dollar, which was also set as the cut-off rate for the transaction, according to central bank data.

With the latest purchase, the central bank's total dollar acquisition has reached $691.50 million so far in December 2025.

Cumulatively, Bangladesh Bank has bought $2.87 billion in the current fiscal year to date.

Industry insiders said the continued dollar purchases indicate a relatively comfortable foreign exchange position, driven by improved inflows from exports and remittances.

The move is also helping the central bank manage excess liquidity in the interbank foreign exchange market.

Bangladesh Bank has been following a market-based exchange rate regime, intervening periodically to smooth volatility and maintain stability in the taka-dollar market.

Over the past three years, up to the fiscal year 2024-25, BB sold more than $25 billion from its foreign exchange reserves, largely to cover import bills for fuel, fertiliser, and food.

After the fall of the Awami League-led government in August last year during a mass uprising, the central bank suspended dollar support for government imports due to low foreign currency reserves.