The Bangladesh Bank has purchased more than USD 2 billion from commercial banks over the past three months through 14 auctions, as steady growth in remittance and export earnings continues to strengthen the country’s foreign currency inflows.

According to the latest data from the central bank, the Bangladesh Bank bought USD 107 million from 10 commercial banks on Thursday at a rate of Tk 121.80 per dollar through its most recent auction. Earlier, on October 6, it purchased USD 104 million in a similar operation.

In September alone, the central bank bought USD 928.5 million through five separate auctions. So far, the total amount purchased stands at USD 2.08 billion, the BB confirmed.

The central bank began dollar purchases through auctions on July 13 this year, following a consistent rise in foreign exchange supply driven by higher remittance inflows and strong export performance.

Bankers and economists said the move aims to prevent the taka from appreciating too quickly amid improved foreign currency inflows. By buying dollars from commercial banks, the central bank is working to maintain exchange rate stability and support competitiveness in external trade.