Dhaka, Bangladesh (BBN) – The BBN (Bangladesh Business News) prepared the business round up compiling reports, published by different newspapers and news portals Tuesday’s midday in Bangladesh.
Bangladesh Taka depreciates three paisa more against US$
The exchange rate of Bangladesh Taka (BDT) depreciated by maximum three paisa more against the US currency in early hour transactions on Tuesday in inter-bank foreign exchange (forex) market. The US dollar was quoted at maximum BDT 79.85 against BDT 79.82 of the previous working day till the report was filed at 12:17 pm (local time).
Bangladesh’s stocks face sharp fall at midday
Bangladesh’s stocks faced sharp fall at midday on Tuesday as cautious investors went on selling spree on sectors specific large-cap stocks. Following the previous day’s marginal gain, the key index of the country’s prime bourse advanced 2.15 points within first 15 minutes of trading at 10:45am.
Gold prices rise as demand soars in India
Sentiment has turned up in the gold market the last few weeks. And new data from the world’s top consuming center — India — shows there may indeed be cause for optimism amongst bullion buyers.
Sensex soars 225 points, Nifty up at 9,205
The NSE index Nifty was trading above the psychological 9,200-mark and the BSE benchmark Sensex up by nearly 230 points as the corporate results season kicked in with banks rallying on expectations of stronger earnings.
Asian indexes mixed as geopolitics take a backseat
Asian shares were mixed in Tuesday trade as geopolitical tensions took a backseat following a failed missile test by North Korea at the weekend and as U.S. Vice President Mike Pence continues his tour of Asia.
Indian rupee weakens to 64.58
The Indian rupee weakened to 64.58 as the dollar pulled away from five-month lows, with comments from US Treasury Secretary Steven Mnuchin and higher debt yields giving the bruised greenback some breathing space.