Thursday’s midday business round up of Bangladesh

Last updated: September 21, 2017

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

Bangladesh Taka depreciates two paisa more against US dollar
The exchange rate of Bangladesh Taka (BDT) depreciated maximum two paisa more against the US dollar in the inter-bank foreign exchange market in early hour transactions on Thursday.

Indian rupee drops to 64.53 as Fed signals Dec rate hike
The Indian rupee fell sharply by 26 paise to 64.53 against the dollar at the interbank forex market in early trade today as the greenback strengthened overseas.

Realty, metal stocks drag Sensex down 141 points
The benchmark BSE Sensex reversed its early gains to trade down by nearly 150 points due to heavy selling in realty, metal, capital goods and infrastructure stocks.

Asian shares mixed as greenback, US Treasury yields rise on Fed
Major indexes in Asia were mostly lower on Thursday after the dollar and U.S. Treasury yields spiked following big news out of the Federal Reserve.

Gold hits 3-week low; strong dollar, Fed rate hike view weigh
Gold dropped to its lowest level in over three weeks on Thursday as a stronger dollar and increasing prospects of a December rate hike by the Federal Reserve curbed appetite for the metal.

Oil dips on rising US crude inventories and production
Oil markets dipped on Thursday, weighed down by rising U.S. crude inventories and production as well as a stronger dollar, which potentially hampers fuel consumption in countries that use other currencies at home.
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