The exchange rate of the Bangladeshi taka against the US dollar fell to a record low due to heightened geopolitical tension in the Middle East, which dragged down emerging market currencies. The dollar rose 0.2% against Taka to 122.9727, the highest level since Bloomberg began compiling this data in 1993.

The exchange rate of the Bangladeshi taka against the US dollar fell to a record low due to heightened geopolitical tension in the Middle East, which dragged down emerging market currencies. The dollar rose 0.2% against Taka to 122.9727, the highest level since Bloomberg began compiling this data in 1993.