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BB buys $50m after more than 3 months

In response to falling prices driven by an increased supply of US dollars in the market, Bangladesh Bank has purchased $50 million from commercial banks through an auction after nearly three and a half months. The central bank on Tuesday bought the dollars from four banks at a rate of Tk122.75 per dollar. Prior to this, Bangladesh Bank last purchased dollars from commercial banks on May 20....…

BB buys $50m after more than 3 months

We haven't written up this one. Dhaka Tribune Business has the full story — the link below goes straight to it.

Read the original at dhakatribune.com →

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