The dollar traded at 58.4750-58.4900 to the taka yesterday in line with its previous closing on Saturday, foreign exchange dealers of leading commercial banks said.

"The demand for the US unit increased since the end of last week due to strong pressure for import payments. Some commercial banks faced lower remittance inflow," dealers said.

"Some dealers tried to buy dollar against the local currency but sellers quoted higher prices. Therefore, the volume of trade yesterday was very thin," dealers said.

But trading was depressed due to holiday in the international markets. Importers and traders could not deal with their foreign traders.

"Every one yesterday were in holiday mood," dealers of a private commercial banks said.

Sentiment on taka was bearish as the money market experienced huge liquidity, dealers said.