Bangladesh’s foreign exchange market has registered renewed stability, with the US dollar returning to earlier levels after experiencing upward pressure driven by compliance with International Monetary Fund (IMF) conditions. As the nation’s international trade, import-export volumes, overseas travel, and remittances expand, the daily fluctuations of key currencies like the US dollar, euro, and British pound have drawn sharp attention from business leaders and ordinary citizens alike.

The shift comes on the heels of a volatile spell in July when interbank dollar rates, which had initially held steady at 122.85 taka, climbed through successive increments to reach a peak of 123.82 taka. That deliberate uptick reflected policy measures enacted last month to satisfy IMF lending terms, prompting central monetary authorities to adjust the dollar benchmark and allow a controlled depreciation of the taka. Despite healthy liquidity and sufficient foreign currency supplies, market interventions briefly pushed exchange figures upward. However, stronger policy oversight and steady inflows have reversed those gains, bringing the interbank rate back down to 122.78 taka on Sunday, 6 September 2026.

Financial analysts attribute this rapid stabilization to rigorous monitoring by Bangladesh Bank combined with a steady surge in inward remittances sent by expatriate workers. This dual dynamic has successfully narrowed the historically wide gap between formal banking channels and the informal open kerb market, easing inflationary pressures on import-dependent sectors. Lower dollar rates offer tangible relief for importers settling international bills in greenbacks, while simultaneously benefiting families sending funds overseas for medical treatment, education, or travel.

Daily Foreign Exchange Rates

Market experts caution that foreign exchange values remain fluid. Daily benchmarks inevitably shift alongside global market conditions, cross-border transactional demands, and broader macroeconomic developments. Consequently, commercial institutions and consumers are advised to verify real-time rates with authorised banking centres or licensed money exchanges before executing transactions.