Bangladesh’s foreign exchange market has shown signs of modest recovery, with the local currency gaining ground against major international currencies following weeks of policy-induced fluctuations. The shift offers a brief respite to importers and trade operators who faced heightened volatility following recent regulatory adjustments by the central bank.

According to data released on 14 September 2026 by Bangladesh Bank alongside commercial financial institutions, the exchange rate for the US Dollar settled at 123.16 BDT in interbank trading. Earlier in July, interbank rates had held steady between 122.85 BDT and 122.85 BDT before climbing to a peak of 123.82 BDT. The recent downward adjustment reflects improved liquidity conditions across the banking sector.

The earlier spike in foreign currency valuations stemmed largely from compliance measures linked to international lending frameworks. Under conditions set out by the International Monetary Fund (IMF), Bangladesh Bank initiated a series of controlled devaluations to align official currency rates closer to market-driven fundamentals. While these measures temporarily increased import costs, a steady inflow of foreign remittances combined with rigorous central bank supervision has helped narrow the spread between official bank rates and the kerb market.

Financial analysts note that the current rate trajectory provides crucial stability for Bangladesh’s expanding international trade portfolio. The minimum exchange rates recorded for key global and regional currencies are outlined below:

• US Dollar: 123.16 BDT

• Euro: 142.84 BDT

• British Pound Sterling: 166.48 BDT

• Kuwaiti Dinar: 399.92 BDT

• Singapore Dollar: 97.19 BDT

• Canadian Dollar: 88.77 BDT

• Australian Dollar: 88.28 BDT

• Qatari Riyal: 33.85 BDT

• UAE Dirham: 33.62 BDT

• Saudi Riyal: 32.91 BDT

• Malaysian Ringgit: 30.34 BDT

• Chinese Yuan: 18.35 BDT

• Indian Rupee: 1.28 BDT

While current market conditions lean towards relative calm, financial authorities emphasize that exchange rates remain subject to real-time adjustments based on global market dynamics and daily demand-supply fluctuations.