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 remains unchanged against $US
The exchange rate of Bangladesh Taka (BDT) remained unchanged against the US currency in evening transactions on Tuesday in inter-bank foreign exchange (forex) market.
Bangladesh’s prime bourse crosses 5,500-mark
Bangladesh’s prime bourse crossed 5,500-mark again extending the winning spell for the second day in a row on Tuesday as pre-Eid sale pressure faded away.
Govt slashes duty on rice to check prices
Bangladesh government has decided to lower the import duty on rice in a bid to rein the instability in price of the prime staple in the domestic market.
Need VAT law to achieve budget target: WB
The World Bank today voiced for urgent implementation of the VAT law for Bangladesh to reach its revenue goal as targeted in the 2017-18 fiscal budget.
Sensex down 30 points; bank, FMCG stocks major losers
The Sensex and Nifty were trading marginally lower due to selling pressure in bank, FMCG, infrastructure and power stocks despite firm global cues.
Indian rupee weakens by 10 paisa to 64.53 on capital outflows
The Indian rupee weakened by 10 paisa to 64.53 against the US dollar owing to concerns that the US Fed is not done with raising borrowing costs, which would trigger capital flight from emerging countries, including India.
Asian stocks close mixed as markets await MSCI decision on China A-shares
Asian indexes closed mixed on Tuesday as markets awaited MSCI’s decision on the potential inclusion of mainland Chinese stocks, even as the dollar strengthened.
Gold hovers near 5-week low; political tensions support
Gold inched higher on Tuesday, supported by global political uncertainties, after touching a five-week low earlier in the session as a key U.S. Federal Reserve official reaffirmed its hawkish stance on interest rate hikes.
Oil prices hold near 7-month lows, glut keeps dragging
Oil markets held around seven-month lows on Tuesday as investors focused on persistent signs of rising supply that are undermining attempts by OPEC and other producers to support prices.
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, June 20.