Tuesday’s midday business round up of Bangladesh

Last updated: April 25, 2017

BBN file photo

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

Bangladesh Bank sells $21m to Rupali Bank, BKB
The central bank of Bangladesh has sold US$21 million to Rupali Bank Limited and Bangladesh Krishi Bank (BKB) directly to meet the growing demand for the greenback in the market, officials said.

Bangladesh Taka depreciates eight paisa against US$
The exchange rate of Bangladesh Taka (BDT) depreciated by maximum eight paisa more against the US currency in early hour transactions on Tuesday in inter-bank foreign exchange (forex) market.

Bangladesh’s stocks maintain robust gaining at midday
Bangladesh’s stocks maintained robust gaining at midday on Tuesday as investors remained optimistic.

Crude oil gains further in Asia ahead of API estimates
Crude oil posted further gains in Asia on Tuesday ahead of industry estimates of crude and refined product inventories in the U.S. expected to show declines.

Stocks in Asia higher after global rally on French polls
Stocks in Asia higher on Tuesday following the global relief rally after the first round of France’s presidential election stoked a relief rally, with several regional markets jumping to multi-year highs.

Sensex surges 214 points; Nifty climbs to 9,280
The benchmark BSE Sensex was trading higher by nearly 220 points as the domestic sentiment was buoyed by Reliance Industries’ better-than-expected fourth quarter earnings and positive global cues.

Indian Rupee hits 3-week high of 64.25 on persistent dollar selling
The Indian rupee rose 17 paise to hit a 3-week high of 64.25 against the dollar in late morning trade on persistent selling of the greenback by banks and exporters on the back of lower dollar overseas.
BBN/SS/ANS

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