“Bangladesh Bank completes a $55 million transaction.”

As part of its ongoing strategy to curb the depreciation of the Bangladeshi Taka against the US dollar and support remittances and export earnings, Bangladesh Bank purchased a total of $55 million from five commercial banks yesterday, Thursday, through multiple auction mechanisms.

According to the central bank, the US dollars were bought at a rate of BDT 122.30 per dollar. The purchase forms a continuation of the monetary authority’s efforts to maintain currency stability and ensure sufficient liquidity for trade and remittance flows.

Bangladesh Bank has been actively intervening in the foreign exchange market to prevent sharp volatility in the Taka and to foster confidence among exporters, importers, and overseas workers sending remittances home. Experts say such measures are particularly critical amid global economic uncertainties and fluctuating dollar demand.

In terms of cumulative purchases, January 2026 alone saw the central bank acquire a total of $798 million, further strengthening the foreign currency reserves. Since the beginning of the current fiscal year 2025-26, Bangladesh Bank has purchased $3,933.50 million in total, reflecting a proactive stance to safeguard the country’s external financial stability.

The following table summarises recent key foreign currency purchases by Bangladesh Bank:

Market analysts note that these purchases have helped reduce pressure on the Taka, which had experienced marginal depreciation in recent weeks due to increased import payments and seasonal demand for foreign currency. By intervening in the market, Bangladesh Bank aims to ensure smoother exchange rate trends, which in turn can boost investor confidence and maintain competitiveness in the export sector.

In addition, the strategy supports the inflow of remittances, a crucial source of foreign currency for Bangladesh. Remittances contribute significantly to household incomes and overall economic stability, making timely intervention in the foreign exchange market a key priority for the central bank.

Bangladesh Bank has emphasised that it will continue monitoring market conditions closely and take further measures as necessary to maintain a stable and sustainable exchange rate for the Taka.