Bangladesh’s banks’ excess liquidity decreases slightly

Bangladesh Taka. BBN file photo

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

Banks quote BDT/US$ 84 at customer level on Monday
Country’s commercial banks quoted Bangladesh Taka (BDT) against US dollar at nearly 84 at customer level on Monday, treasury officials said.

Bangladesh’s stocks close flat amid low turnover
Bangladesh’s stocks ended almost flat on Monday, after facing sharp decline in the previous session, as investors were active both sides of trading fence.

Chinese companies buy Chevron Bangladesh
US oil giant Chevron Corporation today announced that its wholly-owned subsidiary, Chevron Global Ventures, Ltd., has entered into an agreement to sell the shares of its wholly-owned indirect subsidiaries operating in Bangladesh to a Chinese consortium named Himalaya Energy Co Ltd, said a Chevron press release.

BB heist: Ex-RCBC manager, others to face trial
The Department of Justice (DOJ) of the Philippines will file cases against some individuals in connection with the $81 million stolen from the Bangladesh Bank.

International Finance Corporation eager to invest in Bangladesh agriculture
The International Finance Corporation (IFC) has expressed interest in investing in Bangladesh’s agriculture for the first time.

PayPal to start BD operation soon
PayPal, a global online payment system, is likely to start its operations in Bangladesh soon.

Shares in Asia turn mixed after first round of French polls
Equities in Asia turned mixed on Monday following the widely-expected results of the first round of presidential elections in France, with Emmanuel Macron and Marine Le Pen headed for a run-off on May 7.

Sensex rallies 290 points, HDFC Bank leads gains
Market benchmark Sensex rebounded 291 points today, its biggest single session gain in nearly 6 weeks, to end at a two-week high of 29,656 ahead of RIL quarterly results, coupled with positive global cues.
BBN/SA/AD