Bangladesh’s economy is increasingly intertwined with international markets, driven in large part by remittances from millions of its citizens living abroad. These remittances constitute a vital source of foreign currency, sustaining the nation’s economic activities, supporting trade, and facilitating daily banking transactions. Each year, substantial funds flow into the country through foreign currency channels, highlighting the critical role of expatriate contributions in maintaining financial stability.
The nation’s currency market determines daily exchange rates for major foreign currencies, a process essential not only for exporters and importers but also for overseas workers and ordinary citizens engaged in routine transactions. According to the latest data from the Bangladesh Bank on 5 March 2026, the buying and selling rates of key currencies are as follows:
| Currency | Buying Rate (BDT) | Selling Rate (BDT) |
|---|---|---|
| US Dollar (USD) | 122.34 | 122.39 |
| British Pound (GBP) | 163.60 | 163.77 |
| Euro (EUR) | 142.31 | 142.38 |
| Japanese Yen (JPY) | 0.77 | 0.77 |
| Australian Dollar (AUD) | 86.74 | 86.77 |
| Singapore Dollar (SGD) | 95.87 | 95.99 |
| Canadian Dollar (CAD) | 89.64 | 89.72 |
| Indian Rupee (INR) | 1.32 | 1.32 |
| Saudi Riyal (SAR) | 32.58 | 32.58 |
Economists emphasise that global economic conditions, international oil prices, interest rates, and other financial indicators directly influence the value of the Bangladeshi Taka. As a result, daily fluctuations in exchange rates are closely monitored by both expatriates and business communities.
Experts note that Bangladeshi expatriates conduct remittance transactions amounting to tens of billions of Taka every day. These flows affect the supply and demand for foreign currency, causing minor variations in buying and selling rates. Banks and authorised foreign exchange centres continuously monitor these movements to provide reliable information to customers.
Moreover, the foreign currency exchange rates are intricately linked to domestic economic operations such as imports, exports, banking services, and government debt management. Businesspeople, expatriates, and general consumers rely on this data to plan transactions efficiently and minimise foreign exchange risk.
Overall, the current state of the currency market and prevailing exchange rates play a crucial role in bolstering the national economy while facilitating smooth international trade. This underlines the importance of foreign currency as a foundational pillar of Bangladesh’s economic stability.