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USDBDT

$--
--%
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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  • Volume
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About

USDBDT.FOREX likely refers to the exchange rate between the US dollar (USD) and the Bangladeshi Taka (BDT) in the foreign exchange market. It represents the price of one US dollar in terms of Bangladeshi Taka. Because Forex isn't traded on an exchange there isn't a universally defined symbol. Therefore the exact interpretation and data source would depend on the specific platform or data provider using that symbol. It's essential to understand the context and source when interpreting this symbol.
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Factors

Interest Rate Differential: The difference in interest rates between the US and Bangladesh affects capital flows and the relative attractiveness of their currencies.

Economic Growth: Stronger US economic growth compared to Bangladesh can strengthen the USD.

Inflation Rates: Higher inflation in Bangladesh relative to the US can weaken the BDT.

Political Stability: Political instability in Bangladesh can negatively impact the BDT.

Trade Balance: A trade deficit in Bangladesh can put downward pressure on the BDT.

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