BDT Market Update
20 Jun 2026 • 01:22 GMT
The Bangladeshi Taka (BDT) is holding steady near recent highs against the US dollar, which is currently trading close to its 7-day highs around 0.008149. The dollar has eased slightly amidst a rally in risk assets and news of the Strait of Hormuz reopening, leading to lower energy prices. Despite this, the dollar remains relatively stable due to ongoing geopolitical tensions and market expectations of the Federal Reserve maintaining higher interest rates.
In terms of broader currency moves, the BDT has strengthened modestly against the euro and the British pound, trading at 0.007100 and 0.006159 respectively—both above their 3-month averages. The currency also reached 90-day highs versus the Japanese yen at around 1.3146 and against the Canadian dollar at 0.011543, reflecting improved sentiment for emerging market currencies. Conversely, the BDT has softened slightly against the Indian rupee, trading near 0.7684.
Overall, the BDT remains stable within recent trading ranges, supported by resilient remittance flows and cautious market risk sentiment. Watch for central bank signals and geopolitical developments that could influence the dollar’s direction.