Bangladeshi Taka Gains 0.06% as Asian Peers Fall

The Bangladeshi taka strengthened by 0.06 percent against the US dollar over the past year. This stability stands in sharp contrast to the regional trend, where major Asian currencies suffered double-digit losses against the greenback. Between June 2025 and June 2026, the South Korean won lost around 11 percent of its value. The Indian and Sri Lankan rupees depreciated by approximately 10 percent each. The Indonesian rupiah fell by about 9 percent during the same period.

The average interbank exchange rate in Bangladesh moved from BDT 122.96 per dollar on June 1, 2025, to BDT 122.75 on June 1, 2026. This shift represents a gain of 21 paisa for the local currency. In comparison, the Malaysian ringgit and Chinese yuan gained around 4 percent each against the dollar. The Pakistani rupee appreciated by 2 percent. These figures were compiled by Bangladesh Bank in a report titled Exchange Rate and Foreign Exchange Market Dynamics.

Central Bank Policy Supports Currency

Bangladesh Bank credits timely monetary decisions for maintaining this stability. Arif Hossain Khan, spokesperson for the central bank, stated that the taka did not face depreciation despite global fuel price hikes and geopolitical conflicts. The central bank did not sell any dollars from its reserves in the last fiscal year. Instead, it purchased approximately $6 billion from the market. This action helped strengthen foreign exchange reserves while keeping the exchange rate stable.

Remittances from expatriate Bangladeshis played a critical role in this outcome. Record inflows of $35.5 billion were recorded in the last fiscal year. Officials expect further inflows in the current fiscal year. Market analysis indicates there is currently no significant pressure on the dollar exchange rate. The central bank aims to maintain this stability in the coming days.

Regional Currencies Face Pressure

Currencies in South Korea, India, Sri Lanka, Indonesia, Vietnam, Singapore, and Cambodia weakened against the dollar. In India, the rupee’s value dropped from 87.60 to 97 rupees per dollar during the year. The dollar traded at around 96 rupees in recent sessions. Demand for dollars in the Indian market exceeds supply. Foreign investors have withdrawn capital from the Indian stock market amid global volatility. Rising crude oil prices have further exacerbated the depreciation.

Economic Context and Market Dynamics

Observers note that the taka depreciated by more than 45 percent in the three years following 2022. This rapid adjustment contributed to double-digit inflation, which has since eased but remains a concern. The economy faced challenges absorbing this shock, compounded by power and energy shortages. These factors limited the full benefits of exchange-rate stability. Data for the regional comparison was sourced from national central banks, the IMF, and International Financial Statistics.

The report highlights the divergent paths of Asian currencies under global stress. While many peers faced significant valuation losses, Bangladesh maintained relative parity. The stability is attributed to managed market interventions and strong remittance flows. This performance distinguishes the Bangladeshi taka from its regional counterparts during the review period.