Dhaka, Bangladesh (BBN) - Bangladesh Bank has resumed dollar purchase from the commercial banks directly to help keeping the inter-bank foreign exchange market stable.
As part of the move, the central bank of Bangladesh bought 20 million US dollar from a state-owned commercial bank at BDT 78.70 on Wednesday, according to central bank officials.
Earlier on Tuesday, BB also purchased 15 million US dollar from a Shariah-based Islamic bank on the same ground, they added.
“We have resumed purchasing dollar from the market to keep stable forex market,” a BB senior official told the BBN while explaining the BB move.
The Bangladesh Bank resumed the latest intervention in the market after a one month interval.
BBN/SS/ANS