Dhaka, May 16 (V7N) – Bangladesh’s international trade and remittance flows continue to expand, leading to steady activity in the foreign exchange market. The value of the Bangladeshi Taka against major global currencies has been updated for today.
Latest Exchange Rates
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US Dollar (USD): 122.75 BDT
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Euro (EUR): 142.24 BDT
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British Pound (GBP): 163.30 BDT
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Indian Rupee (INR): 1.31 BDT
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Malaysian Ringgit (MYR): 30.38 BDT
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Singapore Dollar (SGD): 95.61 BDT
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Saudi Riyal (SAR): 32.61 BDT
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Kuwaiti Dinar (KWD): 395.77 BDT
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Australian Dollar (AUD): 85.01 BDT
Market Overview
Financial analysts note that Bangladesh’s growing import-export activities and remittance inflows are driving continuous demand for foreign currencies. As a result, exchange rates fluctuate frequently depending on global economic conditions, inflation trends, and market supply-demand balance.
Economists also point out that international comparisons of GDP and per capita income are typically measured in major reserve currencies, especially the US dollar.
Exchange rates are subject to change based on market conditions.
END/SMA/AJ