Dollar strong against taka
BSS, Dhaka
The US dollar gained further against Bangladesh taka in inter-bank trading yesterday as some banks faced short-fall in dollar funds when they had higher import payments, dealers said.Meanwhile, the euro hit a record high against the dollar in early Asian trade but later in European openings quickly retreated as traders took profits on the single currency's recent gains made on the back of concerns over geopolitical risks and the US trade deficit, dealers on online trading said. They said the euro also briefly rose to its highest level against the yen in almost two months as the weekend nationalisation of the failed Japanese Ashikaga Bank initially triggered a sell off in Japanese shares. The dollar touched its high at Tk 58.4450 per unit and most deals traded between Tk 58.4350 and Tk 58.4400 slightly higher than its previous range on Saunday, dealers of different commercial banks said. The demand for the greenback was strong from importers when some banks had short-fall due to lower inflow of remittances since the Eid-ul-Fitr, dealers of a leading commercial bank said.
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