Dhaka, March 2 -- Bangladesh Bank (BB) on Monday purchased US$25 million from two banks as a continuous effort to maintain stability in the foreign exchange market.

The central bank bought the dollar at a cutoff rate of Tk 122.30 per dollar, according to a central bank official.

Arif Hossain Khan, Executive Director and Spokesperson of Bangladesh Bank, confirmed the transaction. "We purchased $25 million from two commercial banks today at the 122.30 cutoff rate," he said.

With Monday's procurement, the central bank's total dollar purchase for the current fiscal year, FY2025-26, has reached a substantial $5.49 billion, the spokesperson added.

The central bank has been consistently mopping up dollars from the banking channel throughout ...