Thursday’s evening business round up of Bangladesh

Last updated: July 13, 2017

BBN file photo

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

Bangladesh Taka remains stable against US dollar
The exchange rate of Bangladesh Taka remained stable against the US dollar in the evening transactions in the inter-bank foreign exchange market on Thursday.

The Swiss Bank money laundering debate
Bangladeshi funds in Swiss banks have increased by 20%, said a report by the Swiss National Bank (SNB) titled ‘Banks in Switzerland 2016’.

Bangladesh’s key bourse index hits all-time high
After witnessing a major correction in the previous day, Bangladesh’s stocks rebounded strongly on Thursday, as investors showed their buying appetite on some large-cap issues, especially GrameenPhone.

Indian rupee trading strong at 64.45
The Indian rupee was trading strong at 64.45 against the dollar as the Sensex ended above the 32,000-mark for the first time ever due to easing of consumer inflation to a five-year low.

It is celebration time again as Sensex crosses another milestone of 32,000
Not so long ago, on April 26, the Indian stock markets celebrated a historic event - that of the benchmark index Sensex closing above 30,000 points for the first time.

Asian markets gain after Yellen comments, positive China trade data; Kospi hits record high
Most Asia markets advanced in Thursday trade as markets parsed through Federal Reserve Chair Janet Yellen's comments, with several indexes hitting record highs in the session.

Gold rises after Yellen hints at only gradual tightening
Gold rose on Thursday on a weaker dollar and lower U.S. yields after Federal Reserve Chair Janet Yellen said the Fed would only gradually tighten monetary policy, curbing speculation that interest rates would rise more than once this year.

Oil prices dip as IEA sees waning compliance with OPEC cuts
Oil prices fell on Thursday on worries about oversupply as the world's energy watchdog warned that a long-awaited market rebalancing could be delayed due to weak compliance with production cuts among OPEC members.

Top 5 things to know in the market on Thursday
Here are the top five things you need to know in financial markets on Thursday, July 13.
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