BB purchases another $60m from banks
Last week, the central bank had also bought $120 million over two days at the same rate from commercial banks, according to officials.
File photo of Bangladesh Bank. Photo: Mehedi Hasan/TBS
The Bangladesh Bank has purchased $60 million from commercial banks through an auction at a rate of Tk122.75 per dollar today (20 April).
Last week, the central bank had also bought $120 million over two days at the same rate from commercial banks, according to officials.
Through such dollar purchases, the central bank is increasing foreign exchange reserves while also boosting liquidity in the banking system, they said.
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According to central bank data, the country's foreign exchange reserves now stand at $30.36 billion.
