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BDTUSD

$--
--%
1d
1w
1m

Analysis and statistics

  • Open
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  • Previous Close
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  • 52 Week Change
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  • Day Range
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  • 52 Week High/Low
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  • Dividend Per Share
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  • Market cap
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  • EPS
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  • Beta
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  • Volume
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About

BDTUSD.FOREX likely refers to the exchange rate between the Bangladeshi Taka (BDT) and the US Dollar (USD) in the foreign exchange (forex) market. It represents the price of one Bangladeshi Taka in terms of US Dollars. The ".FOREX" suffix specifies that the data source relates to the foreign exchange market. However, be aware that the exact definition and availability of this symbol may depend on the specific data provider or platform you are using, and not all brokers may offer trading in this particular currency pair.
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Factors

Bangladesh and U.S. economic indicators impact BDTUSD: GDP growth, inflation, and employment data influence currency values. Interest rate differentials between Bangladesh Bank and the Federal Reserve shape investor sentiment.

Global market risk appetite affects BDTUSD: Risk-on sentiment typically weakens the USD, strengthening emerging market currencies like BDT. Geopolitical events impacting global trade also play a role.

Trade balance and current account dynamics influence BDTUSD: Bangladesh's trade deficit can weaken the BDT, while a surplus might strengthen it. Remittances from Bangladeshi workers abroad are a key factor.

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