Currency Exchange Throughout the Week: Prices of ‘Several’ Dollar Types Rise, Ringgit and Riyal Remain Stable

 Currency Exchange Throughout the Week: Prices of ‘Several’ Dollar Types Rise, Ringgit and Riyal Remain Stable

Bangladesh's Growing Foreign Trade Sees Shifts in Weekly Currency Exchange Rates

With the expansion of Bangladesh’s trade and commerce across various countries, the volume of currency exchange is also increasing in tandem. Remittances from expatriates living abroad continue to flow regularly, while GDP and per capita calculations are often benchmarked against Western currencies in international contexts. Over the past week, while some currencies remained stable, others experienced notable fluctuations.

According to data from NCC Bank, the US dollar remained unchanged at a maximum rate of BDT 122 throughout the week.

On Wednesday (April 16), the British Pound was exchanged at a peak of BDT 164.24, while the lowest rate was BDT 162.01 on Sunday.

The Euro saw some variation, with its highest exchange rate at BDT 140.68 on the first working day of the week. The Australian Dollar appreciated, reaching a weekly high of BDT 77.51 on Tuesday, while its lowest was BDT 76.73. The Malaysian Ringgit remained stable at BDT 27, as usual.

The Singapore Dollar also saw an increase, trading at a high of BDT 94.22 on Tuesday, with the lowest at BDT 93.90 on Sunday.

The Saudi Riyal stayed steady at around BDT 32 throughout the week. Meanwhile, the Canadian Dollar also appreciated, with its highest exchange value recorded at BDT 88 on Sunday. As for the Indian Rupee, it reached a peak exchange rate of BDT 1.42.