Global economic volatility alongside ongoing political and military tensions across the Middle East continues to exert pressure on Bangladesh’s foreign exchange market. Entering the final quarter of the year, fluctuations across major trading currencies have noticeably spilled over into domestic forex trading. On the final working day of the week, Thursday, 8 October 2026, local currency markets recorded substantial movements across key international currencies.

According to the latest official exchange rates published by Bangladesh Bank, the Bangladeshi Taka experienced a slight depreciation against the US Dollar. Whilst the greenback consolidated its strong stance, most other major international currencies took a downward turn. Rates for the European Euro, British Pound, Chinese Yuan, Australian Dollar, and Singapore Dollar all edged lower compared to previous trading sessions. Conversely, the exchange valuations for the Indian Rupee and Japanese Yen remained steady.

Banking analysts attribute these fluctuations primarily to volatile crude oil prices and global supply chain disruptions, which have put significant strain on major international economies. A strengthening US Dollar index globally has heightened demand for the currency, prompting a corresponding uptick in domestic conversion rates. Under official central bank guidelines, the average mid-rate for the US Dollar settled at 123.10 Taka today, with commercial banks maintaining designated profit margins for retail customer transactions.

Navigating this climate requires local financial institutions to rely heavily on inward remittance flows and export earnings to fulfill foreign currency requirements. To cushion foreign exchange reserves against rising import bills observed in recent months, Bangladesh Bank has progressively moved towards market-driven exchange rate mechanisms.

Market experts anticipate that volatility will persist until global market dynamics stabilize and geopolitical conflicts ease. However, steady remittance inflows from overseas workers should help prevent sudden spikes in the exchange rate of the dollar.

Official Buying and Selling Rates for Key Currencies

The official commercial exchange rates established by banking institutions for major foreign currencies today stand as follows:

• US Dollar (USD): The official buying rate for the US Dollar is 123.00 Taka, with the selling rate fixed at 123.15 Taka, reflecting an average rate of 123.10 Taka.

• European Euro (EUR): The Euro slipped slightly, posting a buying rate of 137.69 Taka and a selling rate of 137.91 Taka.

• British Pound (GBP): The Pound Sterling mirrored this downward trend, settling at a buying rate of 162.48 Taka and a selling rate of 162.77 Taka.

• Indian Rupee (INR): Valuation for the regional partner currency remained unchanged, holding at 1.27 Taka for both buying and selling.

• Chinese Yuan (CNY): The currency of Bangladesh’s key Asian trading partner traded at a buying rate of 18.35 Taka and a selling rate of 18.37 Taka.

• Japanese Yen (JPY): The Yen maintained stability, recording uniform buying and selling rates of 0.77 Taka.

• Australian Dollar (AUD): The Australian Dollar dipped marginally, with buying and selling rates marked at 85.60 Taka and 85.78 Taka respectively.

• Singapore Dollar (SGD): The Southeast Asian hub’s currency stood at a buying rate of 96.07 Taka against a selling rate of 96.24 Taka.