The country’s external trade, import expenditure, export earnings and inflows of remittances collectively continue to play a decisive role in sustaining Bangladesh’s broader macroeconomic stability. Among these, remittance inflows from expatriate Bangladeshis remain particularly significant, strengthening foreign exchange reserves while simultaneously supporting the livelihoods of millions of households across the country. At the same time, global economic fluctuations, shifting international commodity prices and monetary policy adjustments in major economies continue to influence Bangladesh’s currency market dynamics.
According to the latest data from Bangladesh Bank, on 18 May 2026, the foreign exchange market recorded a broadly stable position for the United States dollar, with both buying and selling rates remaining aligned at an average of 122.75 taka. This indicates a relatively steady short-term outlook compared with recent volatility observed in previous periods. Similar marginal fluctuations were observed across other major currencies, including the euro, British pound sterling, Japanese yen, Australian dollar, Singapore dollar, Canadian dollar, Indian rupee and Saudi riyal.
Market analysts suggest that the current stability is largely underpinned by consistent remittance inflows, alongside a manageable balance between import obligations and external debt servicing. Export earnings, particularly from the ready-made garments sector, continue to provide a strong and reliable source of foreign currency, helping to cushion external pressures. However, experts also caution that the global economic environment remains uncertain, with potential risks stemming from energy price volatility, adjustments in global interest rates, and ongoing geopolitical tensions.
The following table presents the average exchange rates recorded on 18 May 2026:
| Currency | Buying Rate (BDT) | Selling Rate (BDT) |
|---|---|---|
| US Dollar (USD) | 122.75 | 122.75 |
| British Pound (GBP) | 163.53 | 163.60 |
| Euro (EUR) | 142.60 | 142.72 |
| Japanese Yen (JPY) | 0.77 | 0.77 |
| Australian Dollar | 87.79 | 88.00 |
| Singapore Dollar | 96.41 | 96.47 |
| Canadian Dollar | 89.17 | 89.27 |
| Indian Rupee | 1.28 | 1.28 |
| Saudi Riyal | 32.55 | 32.56 |
Economists emphasise that while the present foreign exchange environment reflects relative calm, maintaining long-term stability will require sustained policy attention. Expanding export diversification beyond the dominant garment sector, ensuring continued growth in remittance inflows, and improving efficiency in import management are considered essential policy priorities.
They further note that Bangladesh’s external sector remains closely linked to developments in advanced economies, particularly interest rate decisions by central banks and currency adjustments in emerging markets. As such, even minor global financial shifts can transmit indirect effects into the domestic currency market.
Overall, the foreign exchange market currently reflects a phase of cautious stability. Nevertheless, continued monitoring and prudent economic management will be necessary to preserve balance and strengthen resilience against potential external shocks in the future.