Taka Stability Tested as Bangladesh Bank Releases Latest Currency Rates

Bangladesh Bank has formally released the latest official exchange rates for major foreign currencies, offering a clear snapshot of the domestic currency market and the relative strength of the Bangladeshi Taka (BDT). According to the financial data published by the central bank, the domestic currency continues to navigate ongoing macroeconomic challenges, remaining steady against several prominent international currencies while exhibiting slight variations across buying and selling quotes.

The central bank’s published figures reveal that the US Dollar (USD) is currently trading at a buying rate of 122.85 Taka and a selling rate of 123.00 Taka. The US Dollar remains the primary benchmark currency for Bangladesh’s international trade, debt servicing, and import bill payments, making its valuation a central focal point for local importers, commercial lenders, and regulatory policymakers.

Among European currencies, the British Pound Sterling (GBP) maintains a strong posture against the local currency, recording a buying rate of 162.67 Taka and a selling rate of 162.90 Taka. Similarly, the Euro (EUR) stands at 138.24 Taka for purchases and 138.42 Taka for sales. Both currencies play a vital role in regional trade settlement, particularly given Bangladesh’s extensive readymade garment export links across the United Kingdom and Continental Europe.

Regional and Asian-Pacific currencies also showed modest pricing spreads. The Indian Rupee (INR) remains tightly bound at 1.28 Taka for both buying and selling transactions, reflecting balanced cross-border commercial demand. The Australian Dollar (AUD) is quoted at 85.42 Taka buying and 85.57 Taka selling, while the Singapore Dollar (SGD) holds at 95.98 Taka buying and 96.18 Taka selling.

Furthermore, key trade-partner currencies in East Asia demonstrate stable valuations: the Chinese Yuan (CNY) stands at 18.32 Taka buying and 18.34 Taka selling, whereas the Japanese Yen (JPY) trades at 0.78 Taka for both buying and selling options.

The maintenance of transparent foreign exchange reference rates by Bangladesh Bank aims to provide stability and consistency for commercial banks, international remitters, and businesses executing cross-border transactions. Foreign currency movements remain under close observation by market analysts, as external reserves and inward remittance channels continue to influence liquidity conditions across the national banking sector.

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Mursaline Mahmud Taisin | Sub-Editor । khaborwala.com

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