BB keeps buying dollars from forex market


FE Report | Published: January 23, 2015 00:00:00 | Updated: November 30, 2026 06:01:00



The central bank continued purchasing US dollars (USD) from the commercial banks to help keep the inter-bank foreign exchange (forex) market stable, officials said.
The Bangladesh Bank (BB) was purchasing the greenback from the banks directly to protect the interests of exporters and migrant workers by keeping the exchange rate of Bangladesh Taka (BDT) against the US dollar stable, a BB senior official explained.
"We may continue such intervention in line with the market requirement," the central banker hinted.
The central bank bought US$ 10 million from a private commercial bank on Thursday at the market rate.
The US dollar was quoted at Tk 77.80 in the inter-bank forex market, unchanged at the previous level, market operators said.
A total of $1.50 billion (150 crore) was bought from the commercial banks between July 2 and January 22 last.
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