Dhaka, Bangladesh (BBN) – The BBN (Bangladesh Business News) has prepared the business round up compiling reports, published by different newspapers and news portals Wednesday midday in Bangladesh.
BDT depreciates five paisa against US$
The exchange rate of Bangladesh Taka (BDT) depreciated by five paisa against the US currency in early hour transactions on Wednesday in inter-bank foreign exchange (forex) market.
Bangladesh’s stocks stay positive at midday
Bangladesh’s stocks kept the positive momentum at midday on Wednesday as some enthusiastic investors remained active on sector specific stocks.
Forex – Dollar mostly steady in Asia
The dollar was mostly steady in Asia on Wednesday in a light regional data day with another day of testimony to Congress by the Fed chief expected to be closely-watched to see if she tweaks tone on interest rate comments made on Tuesday.
Crude dips in Asia
Oil prices dipped slightly in Asia on Wednesday with the market shrugging off a much larger than expected build in US inventories reported by an industry group.
Gold gains in Asia as Fed chief comments to Congress noted
Gold prices gained in Asia on Wednesday despite mildly hawkish comments by the Fed chief on the need to raise rates sooner rather than later.
Sensex sheds 64 points on weak corporate earnings
The Sensex and Nifty were trading marginally lower due to sustained selling by investors amid disappointing corporate earnings.
Indian Rupee weakens to 66.95
Indian rupee turned weak by 2 paisa to 66.95 against the US dollar in early trade at the Interbank Foreign Exchange market after the American currency gained ground following a spurt in demand from importers.
Asia extends global gain as Yellen buoys stocks: Markets wrap
Banks led broad gains in global stocks after Janet Yellen said the Federal Reserve doesn’t need to wait for the Trump’s administration’s plans on fiscal stimulus to hike rates.