Central bank buys US$15 million
Friday, 18 June 2010
FE Report
The central bank purchased US$15 million from a commercial bank Thursday aiming to keep the inter-bank foreign exchange market stable.
"We've bought the US currency at market rate from the commercial bank directly aiming to keep the rate of local currency stable against the greenback," a senior official of the Bangladesh Bank (BB) told the FE.
He also said such intervention would continue in line with the market requirement.
The central bank purchased US$15 million from a commercial bank Thursday aiming to keep the inter-bank foreign exchange market stable.
"We've bought the US currency at market rate from the commercial bank directly aiming to keep the rate of local currency stable against the greenback," a senior official of the Bangladesh Bank (BB) told the FE.
He also said such intervention would continue in line with the market requirement.