Dhaka, Bangladesh (BBN)- The US dollar has continued to gain against Bangladesh Taka (BDT) for three days in a row mainly due to short supply of the greenback in the inter-bank foreign exchange market, officials said.
"The upward trend may continue this week with growing demand for the US dollar to settle import payments particularly petroleum products," a senior treasury official of a commercial bank said.
The US dollar was quoted at BDT 69.7200-BDT 69.7500 in the inter-bank foreign exchange market on Wednesday against BDT 69.6950- BDT 69.7300 of the previous working day, market operators confirmed.
On Monday, the US dollar was quoted at BDT 69.6600-BDT 69.6950 in the forex market.
BBN/SI/AD-23Sept10-11:05 am (BST)