Economy feature

BB buys $202m through dollar auction

Written by The Banking Post


Bangladesh Bank (BB) today purchased US$202 million from 13 commercial banks through multiple auction methods as part of its ongoing strategy to curb the depreciation of the US dollar against the taka and revitalise the remittance and export sectors.

According to central bank data, it bought dollars today at the rate of Tk122.27-122.29, BSS reports.


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