A downward trend was witnessed on the money market on Monday as the rupee dropped modesty versus the dollar in process of trading activity, money experts said. The rupee did not move sharply in terms of the dollar for buying and selling at Rs 115.49 and Rs 115.51, they said.
The dollar last traded at 106.32 yen, after having risen more than 1.5 percent last week for its biggest weekly gain since September 2017.
The US currency had risen against the yen last week, helped by signs China and the United States were working behind the scenes to avoid a full-blown trade war, and hopes for a diplomatic breakthrough over North Korea's nuclear programme.
The resulting uptick in risk appetite weighed on the safe-haven yen, a currency that tends to rise during times of market turmoil and vice versa.
Given the simmering US-China trade tensions, however, some analysts say the dollar's gains against the yen may be limited in the near term.
China has slapped extra tariffs of up to 25 percent on 128 US products including frozen pork, as well as on wine and certain fruits and nuts, in response to US duties on imports of aluminium and steel, China's finance ministry said.
The tariffs, to take effect on Monday, match a list of potential tariffs on up to $3 billion in US goods published by China on March 23.
The dollar was trading against the Malaysian ringgit at 3.863 and the greenback was at 6.281 versus the in terms of the Chinese yuan.
Inter bank buy/sell rates for the taka against the dollar on Monday: 82.96-82.96 (Previous 82.96-82.96).

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Open Bid       Rs.115.80
Open Offer     Rs.116.30
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Bid Rate       Rs.115.49
Offer Rate     Rs.115.51
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