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Bangladesh Business News
Sunday, December 21, 2014 02:26:26 PM GMT +06.00
 

Market Indicators

Latest update at 12:47 am on Dec03

Indicators Latest Previous Remarks
DSE General Index  4980.50  4932.84  0.96%
Forex reserve (in billion$)   21.67  21.56  
Call money rate  5.75%-8.25%  5.75%-8.25%  
DIBOR   7.0492       7.0978  
Kerb market US$ rate  78.10-78.40  78.00-78.50  
Inter-bank US$-BDT rate  77.72-77.77  77.72  
BC-selling US$-BDT rate  78.7108  78.7573  
TT-clean US$-BDT rate  77.7108  77.7533  

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BBN Exclusive

bangladeshs-forex-market-eases-slightly- Dhaka, Bangladesh (BBN) - Bangladesh’s foreign exchange (forex) market eased slightly on Wednesday following an increasing trend of both inward remittance and export earnings, bankers said. “Rising trend of export earnings and higher inflow of remittance have contributed to improve supply of the foreign exchange in the market in the last couple of days,” a senior treasury official of a commercial bank told BBN in Dhaka.The US dollar was quoted at BDT 77.8500 in the forex market on the day against...

 

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Banking

pakistan-allows-nbp-to-remit-65m-for-bangladesh-operation Islamabad, Pakistan (BBN)- The Pakistan government has allowed the National Bank of Pakistan (NBP) to...

Apparel

tazreen-victims-set-for-compensation- Geneva, Switzerland (BBN)- Two years after the Tazreen disaster that killed more than 120 people...
   

Hot Issue

bangladeshs-inward-remittance-jumps-by-15-in-nov Dhaka, Bangladesh (BBN)- The flow of inward remittances jumped by nearly 15 per cent in November last after showing a downward trend in the previous month because of the celebration of Eid-ul-Azha festival, officials said. The remittances from Bangladeshi nationals working abroad were estimated at $1.17 billion in November 2014, up by $14.70 per cent from the level of the previous month. In October last, the remittance stood at $1.02 billion, according to the central bank statistics, released...
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Latest News

bangladeshs-stocks-open-mixed Dhaka, Bangladesh (BBN)-The Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) saw mixed trend in early hours of trading on Sunday amid choppy trading, the first trading session of the week. DSEX, the prime index of the DSE went down by 2.57 points or 0.05 percent to reach at 4,853.84 points after first 30 minutes of trade when the report was filed at 11am.However, the other two indices saw positive trend. The DS30 index, comprising blue chips gained 1.07 points or 0.05 percent to...
bangladesh-stocks-plummet-for-the-second-weeks- Dhaka, Bangladesh (BBN)- Bangladesh’s stocks plummeted for the second consecutive weeks that ended on Thursday with turnover remained sluggish as the investors are yet to fully adopt themselves to the new trading system. The week featured four trading sessions instead of five as market remained closed on 16th December, on the occasion of Victory Day. Of them, the market advanced one session while three sessions closed red.Week-on-week, DSEX, the prime index of the Dhaka Stock Exchange (DSE) came...
islami-bank-opens-293rd-branch-at-dhulaikhal-in-dhaka- Dhaka, Bangladesh (BBN)- Islami Bank Bangladesh Limited (IBBL) opened its 293rd Branch at Dhulaikhal in the capital Dhaka on Thursday aiming to provide better services to its clients.   Engr. Mustafa Anwar, acting chairman of the IBBL inaugurated the Branch as Chief Guest. Mohammad Abdul Mannan, Managing Director of the Bank presided over the inaugural ceremony. Abdus Sadeque Bhuiyan, Executive Vice President and Head of Development Wing, Md. Obaidul Haque, Executive Vice President and...
lindex-ceo-assures-continuing-sourcing-from-bangladesh- Dhaka, Bangladesh (BBN)-  Lindex, one of the leading fashion chains in Europe with over 480 stores, has highly appreciated the quality of Bangladesh’s apparel products and assured of continuing sourcing from the South Asian country. Lindex Chief Executive Officer (CEO) Ingvar Larsson said this during a meeting with Bangladesh Ambassador in Sweden M Golam Sarwar held there on Thursday, said an official release of the Embassy. Both the envoy and Larsson agreed to work in partnership...
kenya-to-host-10th-wto-ministerial-conference Geneva, Switzerland (BBN)-  The General Council on Wednesday agreed that the 10th Ministerial Conference be held in Nairobi, Kenya on December 15-18, 2015. The chair, Ambassador Jonathan Fried, warmly thanked and congratulated Foreign Minister Amina Mohamed and the Government of Kenya for their successful offer. He noted that he had previously informed delegations of Turkey’s decision to withdraw its offer to host the Conference in favour of Kenya, and thanked Turkey for its constructive...
nbp-injects-54-million-in-bangladesh- Dhaka, Bangladesh (BBN) - National Bank of Pakistan (NBP) has injected US$54 million (around BDT 4.20 billion) in Bangladesh to meet its capital shortfall in line with the Basel-II framework, officials said. “The NBP is now a capital surplus foreign commercial bank in Bangladesh after injecting the fresh fund,” a senior official of the Bangladesh Bank (BB) told BBN in Dhaka on Thursday. He also said the total capital shortfall of the foreign commercial bank stood at over BDT 3.22 billion as of...
dse-turnover-dips-to-14-month-low- Dhaka, Bangladesh (BBN) - Turnover on the Dhaka Stock Exchange (DSE) fell significantly Thursday as investors were reluctant to take fresh investment, the first trading day with the newly launched trading system. The daily turnover dropped by 68 percent from that of the last trading day to BDT 1.36 billion. It was the 14-month lowest turnover after October 20, 2013, when the figure stood at BDT 1.10 billion. Along with turnover, DSEX, the prime index of the Dhaka Stock Exchange (DSE) went down...
bb-injects-bdt950bn-withdraws-bdt-216bn-wednesday- Dhaka, Bangladesh (BBN) - The Bangladesh Bank (BB) injected more than BDT 9.50 billion through liquidity support facility to the banks on Wednesday, officials said. Ten primary dealer and non-PD banks of 1-day tenor amounting total of BDT 9.5070 billion were provided as Liquidity Support Facility. The rate of interest of the Liquidity Support Facility was 7.25 percent.On the other hand, the central bank withdrew BDT 2.16 billion from the market using its reverse REPO auction on the same day.Two...
apraca-executive-committee-meeting-held-in-colombo Colombo, Sri Lanka (BBN) - The 65th Asia Pacific Rural and Agricultural Credit Association (APRACA) Executive Committee Meeting held at Cinamon Grand Hotel in Colombo on December 1-3 last.  Ajith Nivard Cabraal, Governor of the Central Bank of Sri Lanka, inaugurated the meeting formally while APRACA Chairman and Deputy Governor of the Bangladesh Bank (BB) Shitangshu Kumar Sur Chowdhury graced the event with welcome speech. This year's Executive Committee meeting was gathered under theme and...
ipo-lottery-of-c-a-a-textiles-thursday- Dhaka, Bangladesh (BBN)- The initial public offering (IPO) lottery of C & A Textiles, a Chittagong based textile company will be held today (Thursday) to allocate shares among the investors,   officials said. The lottery will be held at 10:30am at the Institution of Engineers, Bangladesh (IEB), Ramna, Dhaka. Bangladesh University of Engineering and Technology (BUET) will conduct IPO lottery. The IPO subscription of the textiles company was held between November 9 to...
 

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Prayer Timings

  Begining Jamaat
Fajr 4:40 5:15
Zohr 12:45 1:15
Asr 4:15 4:30
Maghrib 6:00 6:05
Esha 7:30 8:00

Exchange Rate

Oct 8, 2014

Currency Selling Buying
USD 79.50  78.00 
GBP 125.40 121.40
EUR 98.60 94.60
JPY 0.7280 0.7041
S-Riyal 21.00 20.00
S-Dollar 63.50 61.50
M-Ringit 24.50 23.00
K-Dinnar 255.00 245.00
INR 1.28 1.18

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