Bangladesh Bank purchased about $85 million from six commercial banks on Tuesday as part of its ongoing effort to stabilise the foreign exchange market and bolster inflows from remittances and export earnings.
The dollars were bought at rates up to Tk122.75 per US dollar, with Tk122.75 set as the cut-off rate. This marks the seventh dollar purchase by the central bank in May.
With the latest acquisition, Bangladesh Bank’s total dollar purchases this month have risen to $395 million. Earlier on Monday, the regulator bought $100 million from six commercial banks. Between 11 and 14 May, the central bank purchased another $100 million in four rounds from multiple commercial banks.
Cumulatively, Bangladesh Bank has bought $6.07 billion so far in the current fiscal year to support liquidity and manage exchange rate volatility.
According to official data, as of 19 May 2026, Bangladesh’s gross foreign exchange reserves stand at $34,324.12 million, while under the International Monetary Fund’s BPM6 methodology, reserves are recorded at $29,665.46 million. Bankers said the central bank’s frequent interventions aim to maintain exchange rate stability, ensure smooth trade settlements, and support the inflow of remittances from overseas workers.
The steady purchases reflect the regulator’s focus on cushioning the economy from external shocks and reducing excessive volatility in the forex market.
