Dhaka, June 20 (V7N) – As Bangladesh’s trade and commerce with countries worldwide continue to expand, the flow of foreign currency into the country is also increasing steadily. Expatriates regularly send remittances, supporting a dynamic currency exchange market.

Over the past week, while the US dollar remained stable, many other currencies experienced fluctuations in their exchange rates.

According to NCC Bank data, the US dollar held steady at a maximum of 122 taka throughout the week. The British pound traded at a high of 168 taka 76 paisa on Thursday (June 19), with the lowest rate recorded at 166 taka 76 paisa earlier in the week.

The euro strengthened, reaching a peak of 143 taka 75 paisa on Thursday, compared to its lowest rate of 142 taka 60 paisa on Tuesday.

The Australian dollar also saw an increase, with its highest exchange rate hitting 80 taka 03 paisa on Wednesday, while the lowest was 79 taka 28 paisa.

The Malaysian ringgit remained relatively steady, trading between 28 taka 20 paisa and 28 taka 91 paisa over the week.

The Singapore dollar rose slightly, reaching 97 taka 09 paisa on Thursday, while the lowest rate was 96 taka 67 paisa on Sunday.

Conversely, the Saudi riyal experienced a slight decrease, trading at 32 taka 66 paisa, and the Canadian dollar also dipped, with its highest rate recorded at 87 taka 64 paisa on Wednesday. The Indian rupee peaked at 1 taka 44 paisa.

These movements reflect the dynamic nature of the currency market in response to global economic conditions and the ongoing growth of Bangladesh’s international trade.

END/MSS/AJ