Bangladesh Bank has further strengthened its foreign currency holdings by purchasing $115 million from three commercial lenders through a competitive auction. The transaction, executed on Sunday, 28 December, saw the US dollar traded at a fixed rate of 122.30 BDT. This move is part of a broader regulatory mission to maintain a steady exchange rate and curb speculative volatility in the interbank market, providing a much-needed sense of financial security for the nation’s importers and industrial stakeholders.
The procurement highlights a particularly active month for the regulator. Throughout December 2025, the central bank has aggressively absorbed surplus dollars, with total monthly acquisitions reaching $920.50 million. By acting as a “buyer of last resort” during the month’s end, the bank is successfully preventing the Taka from fluctuating wildly against the greenback, a strategy that is essential for controlling imported inflation and ensuring the cost of raw materials remains predictable for the manufacturing sector.
On a cumulative basis, the scale of these interventions during the current fiscal year is substantial. Since the start of the 2025–26 fiscal year, the central bank has purchased a total of $3,046.50 million. This systematic accumulation of foreign exchange is intended to rebuild the nation’s primary reserves to levels that satisfy international benchmarks. Financial analysts suggest that the central bank’s consistent presence in the auction market signals a long-term commitment to defending the current valuation of 122.30 BDT, which has become a focal point for the country’s monetary policy.
Cumulative Dollar Procurement Statistics (2025–26)
| Procurement Milestone | Volume (USD) | Transaction Rate (BDT) |
| Auction on 28 December | $115.00 Million | 122.30 |
| December Monthly Total | $920.50 Million | 122.30 |
| Fiscal Year To Date (FY26) | $3,046.50 Million | Market Weighted |
| Total Sellers (28 Dec) | 3 Commercial Banks | N/A |
The auction system allows for a transparent and market-driven approach to reserve management. By buying from commercial banks that have an excess of foreign currency, the central bank ensures that liquidity remains balanced within the private banking sector while simultaneously building a “rainy day” fund. As the fiscal year progresses, the focus will likely remain on maintaining this delicate equilibrium—protecting the value of the Taka while ensuring that the national reserves are sufficiently robust to cover at least three to four months of essential imports.