Dhaka, Jan. 8 -- A higher inflow of remittances prompts the central bank to scale up intervention in the foreign-exchange market to forestall any imbalance in dollar-taka exchange rates and avoid its economic domino effect.
Officials say amid a steady rise inflow of remittances in recent days the Bangladesh Bank (BB) ramped up its US dollar purchase from commercial banks.
As part of the mopping-up move, the central bank purchased an additional US$206 million from 15 banks through an interbank spot- market auction on Thursday.
According to latest central bank's data, the BB bought a total of $617 million from scheduled banks during the first eight days of January 2026, compared to $1.01-billion purchase in the entire month of December 2...
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