Dhaka, Bangladesh (BBN) – The Bangladesh Business News prepared Tuesday’s evening business round up compiling reports, published by different newspapers and news portals both in local and international.
Bangladesh Taka returns to depreciating mode at Tuesday closing
Bangladesh Taka returned to the depreciating mode against the US dollar during the evening transactions on Tuesday in the inter-bank foreign exchange (forex) market.
Bangladesh’s stocks close flat amid choppy trade
Bangladesh stocks closed flat amid choppy trade on Tuesday, as investor sentiment remained weak.
Indian rupee rules steady at 64.43
In a range-bound trade, the Indian rupee ruled steady against the American currency at 64.43 per dollar in the late morning trade despite dollar remaining weak against other currencies overseas.
Sensex ends flat; PowerGrid, Lupin top gainers
The Sensex and Nifty ended flat on Tuesday, erasing earlier gains as markets ran out of steam even as lower-than-expected inflation data raised hopes of a central bank rate cut in August.
Four army men killed, 10 injured in Rangamati landslide
Four members of the army have been killed and 10 injured in a landslide in Rangamati’s Manikchhari.
Gold holds steady; market awaits cues from Fed meeting
Gold held steady on Tuesday as investors remained cautious ahead of a two-day U.S. Federal Reserve meeting that is likely to provide hints on the central bank’s interest rate policy for the remainder of the year.
Oil rises on Saudi pledge to make real supply cuts
Oil prices rose slightly on Tuesday after Saudi Arabia said it would make significant export cuts in July amid signs of a drawdown in U.S. crude inventories, though increasing U.S. output continues to weigh on the market.