Thursday’s midday business round up of Bangladesh

Last updated: July 6, 2017
Bangladesh’s banks’ excess liquidity decreases slightly

Bangladesh Taka. BBN file photo

Dhaka, Bangladesh (BBN) – The Bangladesh Business News prepared Thursday’s midday business round up compiling reports, published by different local and international newspapers and news portals.

BDT/US$ moves up, call money market remains stable
The exchange rate of Bangladesh Taka (BDT) against the US dollar moved up slightly at customer level while the call money rate remained stable in early hour transactions on Thursday.

Bangladesh’s stocks stay down at midday on Thursday
Bangladesh’s stocks stay the downward trend at midday on Thursday as risk-averse investors continued to book profit on sector specific stocks.
Indian rupee edges up by 5 paisa to 64.73 on dollar selling
The Indian rupee inched up 5 paisa to 64.73 against the dollar due to dollar by exporters and banks amid a strong domestic equity market.

Sensex up 144 points; realty, PSU stocks steal the show
The Sensex and Nifty were trading higher by nearly 0.5 per cent on sustained buying by domestic financial institutions despite weak Asian cues.

Most Asia markets lost ground despite Wall Street's mostly stronger close amid oil's wobble
Most Asian markets lost ground on Thursday despite the mostly stronger close on Wall Street, as oil prices recouped some losses after falling around 4 percent overnight.

Gold steady as US policymakers split on rate hike outlook
Gold held steady on Thursday, after hitting an eight-week low in the previous session, as the Federal Reserve minutes released on Wednesday showed the central bank was split on how inflation might affect the future pace of interest rate hikes.

Oil rises on US crude stock draw, but prices remain weak
Oil prices recovered some ground on Thursday on strong demand in the United States, but analysts cautioned that oversupply would continue to drag on markets after a steep fall in the previous session.
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