, Feb. 4 -- Bangladesh Bank (BB) purchased an additional US $171 million from 16 commercial banks on Wednesday as part of ongoing efforts to stabilise the country's foreign exchange market.

The dollars were bought at a cut-off rate of Tk 122.30 per US dollar, a central bank official said.

This intervention follows a major purchase on Monday when the central bank acquired $218.5 million from 16 banks at the same rate. With these recent transactions, BB's total dollar purchases in February have reached $389.5 million in just four days.

Aggressive Accumulation in FY2025-26

Throughout the current fiscal year, Bangladesh Bank has been actively buying dollars to curb rapid Taka appreciation and strengthen foreign exchange reserves.

The tot...