Increased remittance inflows have boosted the value of the Bangladeshi Taka, causing the exchange rate of the U.S. dollar to fall by Tk 2.20. According to Bangladesh Bank data, the interbank rate stood at Tk 120.10 on Monday, down from Tk 122.30 on July 9. Remittance inflows in FY 2024–25 rose by 26.81%. On July 13, Bangladesh Bank purchased $171 million from the market for the first time, helping stabilize the forex market. Reserves now stand at $24.54 billion, higher than last year. However, bank officials warn that a weakening dollar may harm exporters and overseas workers.