BB buys $373m through dollar auction

Bangladesh Bank (BB) on Tuesday purchased US$373 million from 22 commercial banks through a dollar auction setting the floor price at Tk121.50 per dollar. 

BB spokesperson Arif Hossain Khan confirmed it. He also said the purchased amount will be added to the country's foreign exchange reserves on Wednesday (July 16).

Through the latest move, the central bank has bought a total of $484 million in two separate auctions over the past three days.