Tuesday’s evening business round up of Bangladesh

Last updated: May 9, 2017
Bangladesh Taka

Bangladesh Taka is being counting. Photo: BBN

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.

Depreciating mode of Bangladesh Taka continues at closing
The depreciating mode of Bangladesh Taka (BDT) against the US dollar continued following higher demand for the greenback in the inter-bank foreign exchange market on Tuesday.

Bangladesh’s stocks finish lower for fourth day
Bangladesh’s stocks finished lower for the four consecutive sessions on Tuesday as risk-averse investors continued their selling spree.

BB won’t allow mobile operator-led MFS
Bangladesh Bank Deputy Governor SK Sur Chowdhury has said the central bank will not allow mobile operator-led mobile financial service (MFS).

Sensex ends flat; consumer durables, bank stocks fall
The Sensex and Nifty ended flat due to profit-booking by funds and retail investors in recent outperformers amid firm European cues.

Indian rupee trading weak at 64.68 on dollar demand, FII outflows
The Indian rupee was trading weak at 64.68 against the US dollar on increased demand for the American currency from importers amid sustained foreign fund outflows.

Top 5 things to know in the market on Tuesday
Here are the top five things you need to know in financial markets on Tuesday, May 9.

Asian markets muted; South Korean election, Australia budget in focus
Asian equities were subdued on Tuesday after soaring in the previous trading session with investors focused on key regional events unfolding in the day, including a presidential election in South Korea and the release of the Australian federal budget.

Gold hits near 8-week low as safe-haven demand fades
Gold prices hit their lowest in nearly eight weeks on Tuesday as safe-haven demand ebbed on easing political worries after France's presidential election.

Oil prices steady, but concern about OPEC's clout rattles the market
Oil prices rose on Tuesday, but faced headwinds from concern over slowing demand and the rise in U.S. crude output that has shaken investors' faith in the ability of OPEC to rebalance the market.
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