As part of its ongoing strategy to curb the depreciation of the Bangladeshi Taka against the US dollar and to support remittance inflows and export earnings, Bangladesh Bank on Thursday purchased $55 million from five commercial banks through multiple auction mechanisms.
According to official data from the central bank, the transaction was executed at a rate of Tk 122.30 per US dollar, reflecting efforts to stabilise the national currency amid external pressures on the foreign exchange market.
This latest purchase is part of a broader trend in proactive foreign exchange interventions. In January 2026 alone, the central bank acquired a total of $798 million, while the cumulative purchases since the beginning of the 2025–26 fiscal year now stand at $3.9335 billion. These measures are aimed at safeguarding the Taka, supporting exporters, and ensuring a steady inflow of remittances from the Bangladeshi diaspora.
A spokesperson from Bangladesh Bank noted that such interventions are essential to maintaining a stable exchange rate, which in turn supports overall economic growth and investor confidence. “Our foreign exchange operations are designed to prevent sudden volatility in the currency market and to provide liquidity to commercial banks for trade and remittance purposes,” the official stated.
Economists have emphasised that the Taka has faced downward pressure due to global dollar strength and a higher import bill. Strategic purchases of US dollars by the central bank are intended to mitigate these pressures, thereby preserving the purchasing power of the local currency and stabilising domestic prices.
The table below summarises Bangladesh Bank’s recent foreign exchange purchases:
| Period | Amount Purchased (USD Million) | Exchange Rate (Tk/USD) |
|---|---|---|
| January 2026 | 798 | 122.30 |
| Cumulative 2025–26 FY | 3,933.50 | – |
| Latest Auction (Thursday) | 55 | 122.30 |
Analysts suggest that continued intervention by Bangladesh Bank may help maintain confidence in the Taka while supporting key sectors of the economy, particularly exports and remittances, which are vital for the country’s foreign exchange reserves.
With global economic uncertainties persisting, these carefully calibrated measures are expected to play a crucial role in stabilising Bangladesh’s currency market and sustaining macroeconomic stability in the months ahead.