BB buys $5.38b so far in FY26

Bangladesh Bank has so far purchased $5.38 billion from commercial banks through auctions in the current fiscal year 2025-2026 to maintain stability in the foreign exchange market and support remittance and export earnings.

Confirming the matter, BB spokesperson and Executive Director Arif Hossain Khan told reporters that in the latest auction today (22 February), the central bank bought $123 million at a rate of Tk122.30 from eight commercial banks.

This brings the total purchase for February to $1.45 billion, he added.

Bangladesh's foreign exchange reserves have surpassed $30 billion, with Arif Hossain Khan confirming on 19 February that they currently stand at $30.06 billion.

In January 2026, remittance inflows amounted to $3.17 billion, marking the third-highest monthly total on record and a 45.41% increase compared to $2.18 billion received in January 2025.

Previously, the highest monthly remittance inflow was recorded in March 2025 at $3.29 billion, followed by $3.22 billion in December of the same year.

The higher supply of dollars, driven by increased remittance inflows through banking channels, has prompted commercial banks to sell dollars to the central bank, with the resulting purchases via auctions significantly boosting foreign exchange reserves.

A senior Bangladesh Bank official, speaking on condition of anonymity, told The Business Standard that commercial banks are willing to sell dollars, and the central bank's purchases are aimed at building reserves, supporting exporters, maintaining remittance flows, and stabilizing the exchange rate.

For the first time, Bangladesh Bank began purchasing dollars through auctions in July of the current fiscal year. These purchases have also injected an equivalent amount of taka into the banking system.