Dhaka, Bangladesh (BBN)– The central bank of Bangladesh has purchased $6.0 million more from two private commercial banks (PCBs) to keep the inter-bank foreign exchange market stable, officials said.
“We’ve bought the US dollars from the banks at market rate aiming to keep the exchange rate of the local currency against the greenback stable,” a senior official of the Bangladesh Bank (BB) told BBN in Dhaka on Wednesday, adding that the BB may continue such intervention in line with the market requirement.
The US dollar was quoted at BDT 81.80 – BDT 81.82 in the inter-bank foreign exchange market on the day unchanged from the previous day, market operators said.
The central banker said the BB also similarly purchased $20 million on Tuesday from three commercial banks on the same ground.
A total of $30 million was bought from the commercial banks in the last two days of this fiscal year as part of its intervention in the market, they added.
BBN/SSR/AD-04July12-9:28 pm (BST)