Bangladesh Bank has acquired $5.38 billion from the foreign exchange market in the current fiscal year 2025-26 as part of its ongoing efforts to maintain liquidity levels and stabilize the exchange rate. In its most recent transaction, the central bank purchased $123 million from eight commercial banks at a rate of Tk 122.30 per US dollar.
The total dollar purchases for February have now reached $1.448 billion following this latest intervention. This initiative by the central bank is in response to the improved inflows and reduced pressure on the foreign exchange market in recent months.
Between fiscal years 2021 and 2025, Bangladesh Bank had sold over $25 billion from its foreign exchange reserves to cover expenses related to fuel, fertilizers, and food imports. However, with the current fiscal year witnessing an increase in supply due to higher export earnings and remittance inflows, the central bank has resumed purchasing dollars since the fiscal year began.
Since July, the Bangladeshi taka has experienced an appreciation against the US dollar, and the country’s foreign exchange reserves have been steadily growing due to Bangladesh Bank’s consistent dollar acquisitions. As of February 19 this year, the reserves amounted to $30.06 billion, as calculated by the International Monetary Fund (IMF), marking an increase from $20.79 billion on the same date last year according to data from Bangladesh Bank.
