Bangladesh Bank has purchased an additional $60 million from commercial banks as part of its ongoing effort to strengthen the country’s foreign exchange reserves.
The dollars were acquired on Monday through an auction at an exchange rate of Tk 122.75 per dollar, according to central bank data.
Following this move, Bangladesh’s gross foreign exchange reserves have risen to $30.36 billion.
This latest purchase comes shortly after a similar intervention last week, when the central bank bought a total of $120 million over two days at the same rate.
Officials say the strategy serves two key purposes. First, it helps build a stronger reserve buffer to support the economy during external pressures.
Second, it injects local currency into the banking system, improving liquidity for commercial banks.
Financial analysts view the move as a calculated step to maintain stability in the foreign exchange market.
By buying dollars while releasing taka into circulation, the central bank aims to balance currency supply and ensure banks can meet domestic demand without disruptions.
The continued dollar purchases signal a cautious but active approach by the central bank to manage both reserves and market liquidity amid ongoing economic challenges.
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