Dhaka, Bangladesh (BBN) - The central bank of Bangladesh on Thursday purchased $31 million more from five private commercial banks (PCBs) to keep the inter-bank foreign exchange market stable, officials said.
"We’ve bought the US dollar from the banks at market rate to keep the exchange rate of the local currency stable against the greenback," a senior official of the Bangladesh Bank (BB), the country’s central bank, told the BBN in Dhaka.
The US dollar was quoted at BDT 81.81 – BDT 81.83 in the inter-bank foreign exchange market on the day against BDT 81.81 – BDT 81.83 of the previous working day, market operators said.
On Tuesday last, the BB similarly purchased $56 million from seven commercial banks on the same ground, the BB officials added.
The country's foreign exchange reserve rose to $ 10.32 billion on Thursday from $ 10.21 billion of the previous day, following the US dollar purchase.
BBN/SSR/AD-28June12-9:30 pm (BST)
