Dollar continues to gain against taka following buying-spree
BSS, Dhaka
The US dollar continued to gain against the Bangladesh taka yesterday following buying-spree by importers and investors ahead of weekend holiday Friday with holidays on Saturday and Sunday in the international markets, dealers said.In the international markets, they added, the dollar hit selling pressure from Japanese exporters but stayed around a three-month high against the yen on unwavering hopes of a US economic recovery. "Every one in inter-bank trade tried to take long position in dollar as the US unit was strong against majors ahead of data from the US", dealers of a leading bank said. The foreign exchange market was waiting for second quarter gross domestic product growth data in the United States due out later Thursday and additional US data on payrolls and industry due Friday. The dollar traded at 58.4750-58.4900 to the taka yesterday, compared to its previous closing at 58.4550-58.4775 to the taka on Wednesday, foreign exchange dealers of leading commercial banks said.
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