On Sunday, 28 December, Bangladesh’s banks released the latest exchange rates of the Bangladeshi Taka (BDT) against a range of foreign currencies. The rates reflect both global market fluctuations and the ongoing US dollar shortage, resulting in notable increases in the value of major currencies such as the US Dollar, British Pound, and Euro.
Financial analysts note that these rates may vary slightly depending on the policies of individual banks and authorised money exchange operators. Therefore, customers are advised to check with their respective financial institutions before carrying out any transactions.
The prevailing exchange rates for today, as observed in major banks and authorised money changers, are as follows:
| Currency | Abbreviation | Exchange Rate (BDT) |
|---|---|---|
| US Dollar | USD | 122.39 |
| British Pound | GBP | 165.16 |
| Euro | EUR | 144.09 |
| Saudi Riyal | SAR | 32.63 |
| UAE Dirham | AED | 33.32 |
| Qatari Riyal | QAR | 33.62 |
| Kuwaiti Dinar | KWD | 398.12 |
| Bahraini Dinar | BHD | 325.51 |
| Omani Rial | OMR | 317.89 |
| Malaysian Ringgit | MYR | 30.23 |
| Singapore Dollar | SGD | 95.32 |
| Brunei Dollar | BND | 95.32 |
| Chinese Renminbi | CNY | 17.46 |
| Japanese Yen | JPY | 0.79 |
| South Korean Won | KRW | 0.08 |
| Indian Rupee | INR | 1.36 |
| Maldivian Rufiyaa | MVR | 7.91 |
| Iraqi Dinar | IQD | 0.09 |
| Canadian Dollar | CAD | 89.48 |
| Australian Dollar | AUD | 82.17 |
| South African Rand | ZAR | 7.34 |
| Turkish Lira | TRY | 2.85 |
| Libyan Dinar | LYD | 22.59 |
Economists emphasise that the rates are influenced by multiple factors, including international trade dynamics, demand for foreign currency, and fluctuations in global financial markets. In particular, the ongoing US dollar scarcity has put upward pressure on exchange rates, impacting businesses and individuals involved in import-export activities.
Banks and authorised money changers in Bangladesh routinely update their rates throughout the day to reflect market conditions. Customers are encouraged to confirm the latest rates prior to conducting any foreign currency transactions to ensure accuracy and avoid unexpected losses.