BB buys $353m through dollar auction | Business

DHAKA, Sept 15, 2025 (BSS) - Bangladesh Bank (BB) today purchased US$353 million from 26 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. The central bank set a cut-off rate of Taka 121.75 for these dollar purchases, according to the central bank data. Bangladesh Bank has bought a total of $1747.50 million from commercial banks till now of the fiscal year 2025-26 (FY26). Talking to BSS, a senior official of the central bank said BB has intervened in the market by purchasing US dollars from commercial banks through an auction aiming to keep the exchange rate of the...