BB purchases US dollar

Currency paradox: Why is BB buying dollars?

After years of depreciation that saw the taka lose nearly 30 percent of its value against the US dollar since the Covid-19 pandemic, the local currency is finally showing signs of strength.

BB buys $313m more from 22 banks

Bangladesh Bank purchased another $313 million from 22 commercial banks in an auction yesterday, reacting to the sharp drop in the US dollar rate.

July 17, 2025
July 17, 2025

Currency paradox: Why is BB buying dollars?

After years of depreciation that saw the taka lose nearly 30 percent of its value against the US dollar since the Covid-19 pandemic, the local currency is finally showing signs of strength.

July 16, 2025
July 16, 2025

BB buys $313m more from 22 banks

Bangladesh Bank purchased another $313 million from 22 commercial banks in an auction yesterday, reacting to the sharp drop in the US dollar rate.