Dhaka, Jan 10 (V7N)- As Bangladesh’s trade and commercial relations with countries around the world continue to expand, the volume of foreign currency exchange is also increasing to keep international transactions smooth and efficient.

In line with this growing global engagement, the exchange rates of the Bangladeshi taka against major foreign currencies were updated today.

According to today’s exchange rate, the US dollar is being traded at Tk 122.31, while the Euro stands at Tk 142.79 and the British Pound at Tk 164.61. The Indian Rupee is valued at Tk 1.36, the Malaysian Ringgit at Tk 30.00, and the Singapore Dollar at Tk 95.42.

Meanwhile, the Saudi Riyal is being exchanged at Tk 32.59, the Kuwaiti Dinar at Tk 397.48, and the Australian Dollar at Tk 82.71.

Economists note that the steady inflow of foreign currency, particularly remittances sent regularly by expatriate Bangladeshis living abroad, plays a significant role in maintaining foreign exchange liquidity. Additionally, key economic indicators such as GDP and per capita income are calculated in major Western currencies in line with international standards, further underscoring the importance of stable exchange rates.

Market observers say continued growth in exports, remittance inflows, and global trade partnerships will remain crucial in sustaining currency stability in the coming months.

END/SMA/AJ