Bangladesh’s foreign exchange market has shown visible signs of easing, with the US dollar slipping lower following weeks of modest fluctuations. Movements in global trade, import-export settlements, remittance inflows, and external payment obligations continue to shape the daily landscape for businesses, importers, expatriates, and financial institutions across the nation.

On 21 September 2026, the US dollar traded down to 122.70 Taka. This step down follows a period of mild volatility earlier in the month. Official interbank statistics from Bangladesh Bank indicate that on the previous working day, 20 September, the dollar peaked at 122.90 Taka and touched a low of 122.75 Taka, settling at a weighted average rate of 122.80 Taka. The spot market reference rate recorded at 5:00 PM that same day stood at 122.8576 Taka.

Mid-September had witnessed brief upward momentum. Central bank records show that on 15 September, the interbank rate ranged between a high of 123.30 Taka and a low of 123.05 Taka. By 17 September, pricing had begun to recede, moving within a band of 122.75 Taka to 122.90 Taka across 21 separate interbank transactions totaling $59.1 million, with a weighted average rate of 122.80 Taka.

This recent moderation contrasts with broader trends seen earlier in the year. According to Bangladesh Bank’s monthly economic indicators, July 2026 recorded an average reference rate of 123.50 Taka, eventually closing the month at 123.88 Taka amid heightened demand for foreign exchange.

Driving Factors Behind the Rate Adjustment

Market operators attribute the current easing of the dollar to comfortable supply conditions and reduced import payment pressures. Earlier in September, Bangladesh Bank intervened by purchasing $50 million from commercial banks—marking its first dollar purchase in three months. Financial sector insiders noted that an abundance of foreign currency in the market prompted the central bank step-in to prevent an abrupt drop in the dollar’s value, thereby protecting export competitiveness and remittance yields.

Healthy inflows of foreign remittances from non-resident Bangladeshis, combined with prudent oversight by the central bank, have narrowed the spread between the official interbank rate and the informal kerb market.

Current Foreign Exchange Rates

The table below outlines the minimum official exchange rates for major international currencies against the Bangladeshi Taka as recorded on 21 September 2026:

Financial Operational Realities

It remains essential for market participants to distinguish between Bangladesh Bank’s published interbank rates and the retail rates offered by individual commercial banks. Over-the-counter cash purchases, corporate trade settlements, remittance payouts, and card-based foreign currency transactions carry distinct margins. Actual transaction rates are finalized by authorized dealer banks and money exchange houses at the moment of execution based on real-time liquidity and demand.