Against the major currencies, the dollar's rally ran out of steam today as weaker-than-expected economic growth figures in the United States prompted a move out of greenbacks that pushed up the euro and yen, dealers added.

The dollar at 58.85-58.88 taka today compared to its previous closing at 58.87-58.89 taka on Thursday, dealers said.

The demand for the US dollar remained strong from importers but there were a few buyers today as import payments were disrupted due to weekend holiday in most international markets, dealers said.

The local market reopened Saturday after weekend holiday on Friday while most international markets on Saturday and Sunday. Foreign currency trading with overseas markets will reopen on Monday without Tokyo, which remains closed until Monday January 5.

With much of Asia closed for the lunar year, trading in the Asian markets was also very thin today, dealers said.

Most dealers quoted rates of foreign currencies in line with the New York's closing on Friday.

Meanwhile, the euro traded at 1.2472 dollars after 1.2405 in New York late on Thursday while against the yen the dollar in late-day deals was at 105.67 after 105.95, dealers on online trading said.

The dollar stood at 1.2576 Swiss francs from 1.2596 Thursday and the pound was at 1.8236 dollars after 1.8164 late on Thursday, dealers said.