Dollar Trades at Tk122.94 as Forex Rates Update

Bangladesh’s foreign exchange market continues to play a crucial role in the country’s economy, driven by strong remittance inflows from more than 10 million expatriate Bangladeshis and the steady expansion of international trade. Exchange rates influence a wide range of economic activities, including imports and exports, overseas education, medical travel, foreign payments and business transactions.

On Tuesday, 14 July 2026, exchange rates of major global currencies against the Bangladeshi taka were updated in line with international currency market movements. The US dollar, considered the world’s leading reserve currency, was trading at Tk122.94 against the Bangladeshi currency.

The dollar rate remains a key indicator for Bangladesh’s economy as fluctuations directly affect import costs, foreign debt repayments and the value of remittances received from abroad. A stronger dollar generally increases the cost of imported goods, while changes in the exchange rate can also influence inflationary pressures within the domestic market.

Among the major international currencies, the euro was valued at Tk143.46, while the British pound stood at Tk165.40, making it one of the highest-valued currencies among those tracked. The pound’s movement is closely watched due to the large Bangladeshi diaspora living in the United Kingdom and the significant volume of remittance flows from the country.

Gulf currencies remained among the strongest in terms of value against the taka. The Kuwaiti dinar recorded the highest exchange value, with one dinar equivalent to Tk401.51. The Bahraini dinar stood at Tk327.85, while the Omani rial was valued at Tk319.05.

Currencies of major remittance-generating countries also remained important for Bangladeshi workers and their families. The Saudi riyal was traded at Tk32.89, the UAE dirham at Tk33.62 and the Qatari riyal at Tk33.93. Meanwhile, the Malaysian ringgit stood at Tk30.25, reflecting its importance for a significant number of Bangladeshi migrant workers.

Asian and other major global currencies showed varied movements. The Singapore dollar was valued at Tk95.46, the Australian dollar at Tk85.73, the Canadian dollar at Tk87.02 and the New Zealand dollar at Tk71.12. Japan’s yen remained comparatively lower in value, with one yen equivalent to around Tk0.759, while the South Korean won stood at approximately Tk0.08206260.

The exchange rates of selected foreign currencies on 14 July 2026 are as follows:

Financial analysts said foreign currency exchange rates are influenced by several factors, including global market conditions, balance of payments, remittance trends, import demand and the economic performance of individual countries. Since currency values can change frequently depending on international developments, businesses, travellers and individuals involved in overseas transactions need to check the latest available rates before completing financial exchanges.

The foreign exchange market remains a vital component of Bangladesh’s economic stability, with currency movements closely linked to trade competitiveness, consumer prices and the overall flow of international funds.