Monday’s midday business round up of Bangladesh

Last updated: May 29, 2017

BBN file photo

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

Bangladesh Taka remains stable against US dollar
The exchange rate of Bangladesh Taka (BDT) against the US dollar in both inter-bank foreign exchange market and customer level remained almost stable in early hour transactions on Monday.

Indian rupee weakens by 13 paisa to 64.57 on dollar demand
The Indian rupee weakened by 13 paisa to 64.57 against the US dollar in early trade on increased month-end demand for the American currency from importers and banks.

Sensex, Nifty hit new highs; FMCG, consumer durables stocks spurt
The BSE Sensex, after opening weak, scaled a new peak of 31,155.40 in late morning trade on sustained buying by domestic institutional investors and retailers.

Asian markets trade sideways after N Korea missile test
Markets in Asia traded flat on Monday after the latest ballistic missile test by North Korea and as major markets are closed for public holidays today.

Gold holds near 4-week highs, political tensions support
Gold held near its highest in four weeks on Monday after rising almost 1 percent in the previous session, buoyed as geopolitical tensions boosted its safe-haven appeal.

Oil prices stay weak as US drilling undermines drive to tighten markets
Oil prices remained weak on Monday as a relentless rise in U.S. drilling undermined an OPEC-led push to tighten supply.
BBN/SSK/ANS

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