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BB buys $50 million through dollar auction

Greenwatch Desk Banking 2026-05-05, 10:13pm

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Bangladesh Bank (BB) today purchased $50 million from three commercial banks through multiple auction methods.


According to central bank data, it bought dollars at the rate of TK 122.75.

Accordingly, total purchases stood at $80 million in May 2026 and $5,753.50 million in FY 2025-26, reports BSS.

Sources said the BB purchased the dollars as part of its strategy to stabilize the TK against the US dollar and revitalize remittance and export inflows.