The central bank continued its intervention in the foreign exchange market on Sunday, purchasing 123 million US dollars from eight commercial banks.
Bangladesh Bank bought the dollars at a fixed rate of Tk 122.30 per dollar, which was used as the cut-off price for the transaction.
Bangladesh Bank Executive Director and spokesperson Arif Hussain Khan confirmed the purchase, saying the latest transaction has pushed the central bank’s total dollar buying for February to $1.45 billion.
He said the central bank has been actively absorbing excess dollars from the banking sector to manage liquidity and strengthen foreign exchange reserves.
According to Bangladesh Bank data, the intervention has been significant throughout the current fiscal year 2025–26. So far, the central bank has bought a total of $5.38 billion from commercial banks.
February has seen a series of large-scale purchases at the same exchange rate of Tk 122.30. Earlier this month, Bangladesh Bank bought $218.5 million on February 2, $171 million on February 4, $196.5 million on February 5, $209 million on February 9, and $171 million on February 10 from multiple banks.
Officials said the continued dollar purchases reflect efforts to stabilise the foreign exchange market while building reserves amid changing market conditions.
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