Monday’s midday business round up of Bangladesh

Last updated: April 10, 2017

BBN file photo

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

Bangladesh Taka depreciates three paisa against US$
The exchange rate of Bangladesh Taka (BDT) depreciated by maximum three paisa against the US currency in early hour transactions on Monday in inter-bank foreign exchange (forex) market.

Bangladesh’s stocks plunge at midday
Bangladesh’s stocks failed to stay positive at midday on Monday amid volatile trading as cautious investors started to book quick-gain on sector specific stocks.

US dollar index near 3-year highs as safe-haven demand strong
The US dollar hovered around three-week highs in Asia on Monday with geopolitical tensions in focus as the US moved an aircraft carrier group closer to the Korean peninsula and as concerns linger over a missile strike on a Syrian airbase last week remain.

Crude oil gains in Asia as geopolitical tensions support
Crude oil prices gained in Asia on Monday with tensions on the Korean peninsula in focus along with the fallout from a missile strike by US forces last week on a Syrian airbase that drew a sharp rebuke from Iran and Russia.

Gold price gains slightly in early Asia with Korean peninsula in focus
Gold prices ticked up slightly in early Asia on Monday with geopolitical tensions in focus as the US moved an aircraft carrier group closer to the Korean peninsula and as concerns linger over a missile strike on a Syrian airbase last week remain.

Bank of England implicated in Libor's secret recording
A secret recording that implicates the Bank of England in Libor's rigging has been uncovered by BBC Panorama.

Sensex trading flat; oil & gas, PSU stocks major gainers
The Sensex and Nifty were trading flat as investors remained cautious ahead of key economic numbers — industrial production (IIP) data for February and consumer inflation for March due to be released on Wednesday.

Indian rupee softens 6 paisa against US dollar
Indian rupee weakened by 6 paisa to 64.34 against the US dollar in early trade today on fresh demand for the American currency from banks and importers.

Asian equities mixed with Nikkei posting gains
Asian equities were mixed in Monday trade on the back of heightened geopolitical tensions after a missile strike on a Syrian airfield last Friday and a move by the US military to send an aircraft carrier group near the Korean Peninsula in response to recent provocations by North Korea.
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