Tuesday’s midday business round up of Bangladesh

Last updated: March 7, 2017

Dhaka, Bangladesh (BBN) – The BBN (Bangladesh Business News) has prepared the business round up compiling reports, published by different newspapers and news portals Tuesday midday in Bangladesh.

Bangladesh forex reserve falls to $31.55bn after ACU payment
Bangladesh has made a routine payment of more than US$1.0 billion to the Asian Clearing Union (ACU) against imports during the January-February period of the current calendar year, officials said.

Bangladesh’s stocks stay upbeat at midday
Bangladesh’s stocks kept the early hour’s upbeat trend at midday on Tuesday as the optimistic investors continued their buying spree.

Bangladesh Taka remains stable against US dollar
The exchange rate of Bangladesh Taka (BDT) against the US dollar in the inter-bank foreign exchange market remained almost stable in early hour transactions on Tuesday.

Crude oil edges higher in early Asia
Crude oil prices edged higher in Asia on early Tuesday with comments from an annual gathering of key energy executives at policymakers in Houston this week making headlines on the output cut deal status, including from Russian Energy Minister Alexander Novak.

Gold gains slightly in Asia
Gold prices edged higher in Asia on Tuesday with jobs data at the end of the week the lodestar for a widely expected Fed rate hike this month that will set the tone for the precious metal.

Profit-taking pulls Sensex down 56 points
The Sensex and Nifty were trading marginally down due to profit-booking by funds and retail investors amid firm Asian cues.

Indian Rupee up 5 paisa at 66.66 on sustained US dollar selling
Indian rupee appreciated by another 5 paisa to 66.66 against the US dollar in early trade at the Interbank Foreign Exchange market Tuesday on sustained selling of the American currency by exporters and banks.

Asian shares trade mixed ahead of RBA decision
Asian shares wavered on Tuesday, after Wall Street traded lower overnight on increased expectations that the Federal Reserve could tighten monetary policy next week.
BBN/SK/AD

Bangladesh Business News
BBN is the country's oldest Business News and Analysis platform, run by veteran business journalist and analyst that you can rely upon.
© Copyright 2024 - BBN - All Rights Reserved
linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram