Dhaka, Jan 18 (V7N) — Bangladesh’s trade and commercial relations with countries around the world continue to expand steadily, leading to a corresponding increase in foreign currency transactions, banking sources said.

With the growing volume of international trade, remittances, and cross-border financial activities, the exchange rate of the Bangladeshi taka against major foreign currencies remains a key indicator of economic movement.

According to market sources, the exchange rates of major foreign currencies against the Bangladeshi taka on Sunday (January 18) are as follows:

  • US Dollar: Tk 122.31

  • Euro: Tk 142.79

  • British Pound: Tk 164.61

  • Indian Rupee: Tk 1.36

  • Malaysian Ringgit: Tk 30.00

  • Singapore Dollar: Tk 95.42

  • Saudi Riyal: Tk 32.59

  • Kuwaiti Dinar: Tk 397.48

  • Australian Dollar: Tk 82.71

Economists note that the steady inflow of foreign currency—particularly through remittances sent by expatriate Bangladeshis—plays a crucial role in stabilizing the country’s foreign exchange reserves.

Bangladesh’s gross domestic product (GDP) and per capita income are also calculated in internationally recognized Western currencies, reflecting the country’s integration into the global economic system.

Market analysts believe that monitoring daily exchange rates remains essential for businesses, investors, and policymakers amid ongoing global economic fluctuations.

END/SMA/AJ