Dhaka, June 2 -- Bangladesh's trade competitiveness weakened slightly as the Real Effective Exchange Rate (REER) index edged higher in April, reflecting persistent inflationary pressures and an overvalued taka relative to the currencies of the country's major trading partners.

The REER stood at 102.44 in April 2026, up 0.09 percentage points from March. The latest reading suggests that the local currency remains overvalued.

Based on the April 2026 REER reading, the indicative exchange rate for the US dollar was estimated at Tk 125.87, compared with the prevailing market rate of Tk 122.87.

This implies that the taka was overvalued by around 3.0 per cent during the period.

The REER index measures the value of the local currency against ...