Bangladesh Bank buys $145mn from banks in May to bolster reserves
Dhaka, May 12 -- Bangladesh Bank has purchased dollars from commercial banks for two consecutive days in the second week of May.
The central bank bought $20 million from a commercial bank on Tuesday at a rate of Tk 122.75 per dollar, according to officials.
A day earlier, the regulator purchased $45 million from another bank at the same rate.
Arief Hossain Khan, executive director and spokesperson for the central bank, told bdnews24.com: "So far this month, up to $145 million has been purchased from the market."
The central bank's cut-off rate for dollar purchases throughout May has remained Tk 122.75 per dollar.
According to Bangladesh Bank data, the regulator has bought a total of $5.82 billion from the market so far in the current...
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