Dhaka, Bangladesh (BBN) – The BBN (Bangladesh Business News) has prepared the business round up compiling reports, published by different newspapers and news portals Monday midday in Bangladesh.
Bangladesh’s stocks witness see-saw movement at midday
Bangladesh’s stocks witnessed see-saw movement at midday on Monday as investors were active both sides of trading fence.
BDT depreciates two paisa against US$
The exchange rate of Bangladesh Taka (BDT) depreciated by two paisa against the US currency in early hour transactions on Monday in inter-bank foreign exchange (forex) market.
Gold prices gain in Asia as Trump travel policy noted
Gold rose in Asia on Monday as investors noted a sharp reaction to President Donald Trump’s move to bar travellers from seven Muslim-majority countries from entering the US with markets in China, South Korea, Hong Kong and Singapore shut to mark the Lunar New Year.
OPEC convinces investors that its oil output cuts are real
OPEC appears to have persuaded investors that it’s making good on promised production cuts.
Indian Rupee weakens to 68.08 on month-end US dollar demand
Indian rupee weakened by 5 paisa to 68.08 against the US dollar in early trade, snapping its 3-day winning run, owing to month-end demand for the American currency from importers amid a weak equity market.
Sensex trading flat on Trump’s immigration ban
The Nifty and the Sensex were trading flat as markets reacted to the change in immigration policy announced by the US President Donald Trump.
Asian shares lower
Asian shares were lower on Monday as investors eye the international backlash against US President Donald Trump’s immigration policy, which has added pressure on the dollar.