Bangladesh Bank has purchased $5.38 billion from the foreign exchange market so far in fiscal year 2025–26, underscoring its continued efforts to manage market liquidity and stabilise the exchange rate.
According to a report by The Daily Star, the central bank bought $123 million from eight commercial banks today at a cut-off rate of Tk 122.30 per US dollar. With this latest intervention, total dollar purchases in February alone reached $1.448 billion.
The central bank has been actively buying US dollars in recent months amid improved inflows and easing pressure on the foreign exchange market.
Between FY21 and FY25, Bangladesh Bank sold more than $25 billion from its foreign exchange reserves to meet import payments for essential items such as fuel, fertiliser and food. However, since the beginning of the current fiscal year, it has resumed purchasing dollars as supply strengthened on the back of higher export earnings and remittance inflows.
Since July, the taka has appreciated against the US dollar, reflecting improved external sector conditions.
As a result of steady dollar purchases, the country’s foreign exchange reserves have continued to increase. According to Bangladesh Bank data, reserves stood at $30.06 billion on February 19 this year, as per IMF calculation, compared to $20.79 billion on the same date a year earlier.
Source: The Daily Star
