BB buys $1.75bn in two months

Bangladesh Bank has purchased a total of $1.75 billion from commercial banks over the past two months to stabilise the foreign exchange market and ensure smooth inflows of remittances and export earnings.

On Monday (September 15) alone, the central bank bought $353 million from 26 banks through the Multiple Price Auction (MPA) method, at an exchange rate of Tk 121.75 per dollar. The cut-off rate was also set at Tk 121.75, Bangladesh Bank Executive Director and spokesperson Arif Hossain Khan confirmed.

In the current fiscal year (2025–26), the central bank has so far collected $1.75 billion from banks.

Earlier, on September 9, it purchased $265 million at a cut-off rate of Tk 121.70 per dollar.

Bankers said strong remittance inflows and rising export earnings have enabled banks to clear long-pending import liabilities, particularly fuel bills.

With import pressure easing, the supply of dollars has now exceeded demand, leading to a gradual decline in the exchange rate.