BB injects $2.57b into forex market
Dhaka, Sept. 4 -- The central bank has injected around $2.57 billion in the first two months of the current fiscal year (2022-23) to ease dollar crisis as well as bringing stability in the country's volatile foreign exchange market.
This is the first time that such a big amount of dollar was sold by the central bank and if the trend continues, the amount of sold dollar may stand at around $15 billion at the end of the year. The central bank injected $ 7.67 billion in last fiscal year.
Some $256.90 crore or $257 billion dollar has been sold from foreign exchange reserve since July 1 to September 1 of the current fiscal year to the commercial banks as part of the BB's ongoing liquidity support, according to latest data of the central bank...
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