Dhaka, Bangladesh (BBN) - The US dollar gained further against the Bangladesh Taka (BDT) further in the inter-bank foreign exchange market on Monday due manly to higher demand for the greenback for settlement of import payment bills.
The US dollar was quoted at BDT 76.48 in the inter-bank foreign exchange market on the day against BDT 76.41 – BDT 76.45 of the previous working day, according to the central bank statistics.
In the global market, the euro slipped against the US dollar on Monday with nerves ahead of an Italian bond auction undermining initial optimisim about the prospect of crisis-fighting reforms under new governments in Italy and Greece, a daily market update, prepared by a foreign commercial bank, said.
The euro was lower against the yen, trading at 105.62 yen. The U.S. dollar eased against the yen to 76.99 yen, it’s lowest since Japan's Oct. 31 intervention. Sterling slipped against the greenback on Monday, tracking losses in the euro against the safe-haven U.S. currency as investors reined in initial optimism over moves to appoint a new Italian government.
The Australian and New Zealand dollars nudged up on Monday on hopes new leaders of Italy and Greece will roll out the necessary austerity measures to fend off a wider financial meltdown.
The Swiss franc tracked firmer against the euro on Monday as traders eyed an Italian bond sale as an early gauge of market sentiment after former European Commissioner Mario Monti was appointed to head a new Italian government on Sunday, the update added.
BBN/SSR/AD-14Nov11-8:52 pm (BST)
