Bangladesh Bank bought 25 million dollars

Bangladash Bank bought 25 million or 2.5 million US dollars from two commercial banks of the country. The Central Bank has purchased these dollars through the Multiple Price Auction (MPA) system. The central bank bought dollars from commercial banks to keep the market stable by increasing the supply of dollars.

On Thursday (June 4), the dollar exchange rate was 122 taka 75 paisa (per dollar) through multiple price auctions from two commercial banks.

Meanwhile, in the current fiscal year 2025-26, Bangladesh Bank has purchased a total of 641.65 million US dollars ($6.41 billion) from various commercial banks so far. Bangladesh Bank has bought 101 million dollars or 10 million 10 million US dollars so far in the month of June alone. Bangladesh Bank Executive Director and Spokesperson Arif Hossain Khan confirmed this information.

Bangladesh Bank officials say that exporters and expatriates sending remittances may become discouraged if the dollar price falls in the market. This move by the central bank is basically an indication of not allowing the price of the dollar to fall below a certain limit in the market.

Bangladesh Bank is buying and selling dollars according to market conditions. Earlier, the central bank sold a large amount of dollars from the reserve, but since the beginning of the current fiscal year, it is trying to reduce the pressure on the reserve by purchasing it slowly. As a result of this dollar purchase, the foreign currency reserves are expected to be somewhat stronger.