BB buys $3b from banks so far in FY26

Greenback purchases by the Bangladesh Bank (BB) from the local interbank market have crossed the $3 billion mark in the ongoing fiscal year, reflecting continued intervention by the central bank to shore up foreign exchange reserves.

In its latest round, the central bank bought $115 million from three commercial banks at an exchange rate of Tk 122.30 per dollar yesterday, officials said.

The transaction will be settled today, with the cut-off rate also fixed at Tk 122.30.

With the latest purchase, Bangladesh Bank's total dollar acquisition in December rose to $920.50 million.

Cumulatively, the central bank has purchased $3.05 billion so far in the current fiscal year 2025-26, according to Bangladesh Bank data.

The ongoing dollar purchases indicate an improvement in dollar liquidity in the interbank market, driven by steady export earnings, higher remittance inflows and subdued import payments amid weak domestic demand, said industry insiders.