The foreign exchange market in Bangladesh remained broadly stable on 17 May 2026, with daily rates for major international currencies reflecting ongoing balance between import demand, remittance inflows and global market movements. As usual, exchange rates were shaped by a combination of external trade dynamics, expatriate earnings and fluctuations in global currency markets.
According to published data from the relevant monetary authority, the United States dollar continued to show a steady trend, with both buying and selling rates recorded at BDT 122.75. The euro and British pound exhibited only marginal differences between buying and selling prices, indicating limited volatility in major hard currencies during the trading day.
Market observers note that sustained inflows of remittances from overseas Bangladeshis continue to play a crucial stabilising role in the foreign exchange supply. These inflows, particularly from the Middle East, Europe and North America, help maintain liquidity in the domestic currency market and reduce excessive pressure on foreign reserves. At the same time, import-dependent sectors remain sensitive to even small changes in exchange rates, especially in energy and commodity pricing.
Analysts further suggest that while the current exchange rate environment appears calm, global uncertainties—such as fluctuations in crude oil prices, shifting international interest rates and geopolitical tensions—could introduce volatility in the months ahead. Nevertheless, the steady inflow of foreign currency earnings has so far provided a buffer against sharp depreciation pressures.
Exchange Rates – 17 May 2026
| Currency | Buying Rate (BDT) | Selling Rate (BDT) |
|---|---|---|
| US Dollar | 122.75 | 122.75 |
| British Pound | 163.51 | 163.61 |
| Euro | 142.69 | 142.72 |
| Japanese Yen | 0.77 | 0.77 |
| Australian Dollar | 87.74 | 87.77 |
| Singapore Dollar | 96.41 | 96.47 |
| Canadian Dollar | 89.27 | 89.27 |
| Indian Rupee | 1.28 | 1.28 |
| Saudi Riyal | 32.55 | 32.56 |
Economists emphasise that maintaining exchange rate stability over the medium term will depend heavily on strengthening export performance and encouraging higher foreign direct investment. Expanding export diversification, particularly in value-added manufacturing and services, is seen as essential to reducing external pressure on the currency.
Additionally, sustained policy support for remittance channels and improved financial infrastructure could further enhance foreign currency inflows. Experts also highlight that domestic monetary management will need to remain responsive to global financial conditions, particularly interest rate adjustments in major economies.
Overall, the foreign exchange market on 17 May 2026 reflects a relatively balanced position, underpinned by steady remittance inflows and controlled demand pressures, contributing positively to broader macroeconomic stability.