Bangladesh Bank will intervene in the foreign exchange market to control volatility.

date
03/08/2025
The Central Bank of Bangladesh stated in its monetary policy statement that it will intervene in the foreign exchange market to curb volatility and ensure greater stability. The country's central bank said that this move is in line with its flexible exchange rate system and consistent with its ongoing foreign exchange reserve rebuilding plan. With the improvement in the liquidity situation in the foreign exchange market, the Taka has remained relatively stable and even showed some signs of appreciation in June 2025. Data compiled by Bloomberg shows that on Thursday, the Taka fell by 0.2% against the US dollar to 122.4043 Taka per US dollar. The central bank of the country has maintained the benchmark interest rate unchanged for the fourth consecutive meeting. Note: To facilitate the International Monetary Fund-related processes, Bangladesh has lifted currency flow restrictions.