BB buys $40m from banks

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Business Desk :
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 bought US$ 40 million from three commercial banks at Tk 78.70 yesterday, according to central bank officials.
Earlier on Tuesday, BB also purchased $15 million from a Shariah-based Islami 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 Bangladesh Bank resumed the latest intervention in the market after a one month interval.
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