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Bangladesh Business News
Thursday, November 27, 2014 11:44:25 PM GMT +06.00

Market Indicators

Latest update at 1:15 am on Nov25

Indicators Latest Previous Remarks
DSE General Index  4768.90  4838.11  1.43%
Forex reserve (in billion$)   21.62  21.63  
Call money rate  6.25%-8.5%  6.25%-8.5%  
DIBOR   7.3201       7.3423  
Kerb market US$ rate  78.10-78.40  78.00-78.30  
Inter-bank US$-BDT rate  77.57-77.60  77.57  
BC-selling US$-BDT rate  78.3959  78.2308  
TT-clean US$-BDT rate  77.3959  77.2308  

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bangladesh-taka-depreciates-further-against-us-dollar- Dhaka, Bangladesh (BBN)- The Bangladesh Taka (BDT) depreciated further against the US dollar on Tuesday despite the central bank’s intervention in the market through selling the greenback to the commercial banks, bankers said.The Bangladesh Bank (BB) sold $10 million at market rate to the Rupali Bank Limited on the day to settle fertiliser import payment, a senior official of the Bangladesh Bank (BB) told BBN in Dhaka.He also said the BB may continue such intervention in line with the market...


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bangladesh-bank-sells-45m-to-five-banks-to-keep-market-stable- Dhaka, Bangladesh (BBN)- The central bank of Bangladesh has resumed its foreign-exchange support...


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

Hot Issue

bangladeshs-bad-loans-surge-by-3268-in-jan-sept Dhaka, Bangladesh (BBN)- Bad loans, the worst category of the non-performing loans (NPLs), in the country’s banking sector increased by 32.68 per cent to BDT 423.53 billion in the first nine months of this year due to most of the banks’ failure in recovering such loans amid rising financial irregularities. The bad loans rose to BDT 423.53 billion as of September 30, 2014 from BDT 319.20 billion as of December 31, 2013. It was BDT 394.45 billion as of September 30, 2013. As of September 30, 2014,...
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Latest News

european-parliament-to-vote-on-google-break-up Eerope (BBN)-The European Parliament is due to vote later on a proposal to break Google's search business away from its other services.It is the latest twist in a four year antitrust investigation which has so far failed to reach a conclusion, reports BBC.The body has no power to break up the net giant but the vote will send out a clear message about whether politicians want regulators to take a tough line.Senior US politicians have criticised the proposal.A joint letter from two US government...
bangladeshs-stocks-open-positive-amid-volatilityDhaka, Bangladesh (BBN)-The Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) saw positive trend in early hours of trading Thursday amid see-saw, the last trading session of the week.DSEX, the prime index of the DSE, went up by 9.24 points or 0.19 percent to reach at 4,765.85 points after first 30 minutes of trade when the report was filed at 11:00am.The DS30 index, comprising blue chips gained 3.18 points or 0.18 percent to reach at 1,755.27 points. The DSE Shariah Index (DSES) rose...
oil-price-falls-ahead-of-opec-meeting Saudi Arabia (BBN)-The price of oil has fallen as Opec oil producers prepare for their meeting on Thursday and data showed crude stocks rose last week.Inventories of commercial US crude oil increased by 1.9 million barrels from the previous week, according to the US Energy Information Administration.Brent crude future's price slid 0.8 to $77.75 a barrel after the data, reports BBC.The drop came as Saudi Arabia indicated it would not push for output cuts to help push up oil prices.US crude...
google-told-to-expand-right-to-be-forgotten New York (BBN)-Google is under fresh pressure to expand the "right to be forgotten" to its search tool.A panel of EU data protection watchdogs said the move was necessary to prevent the law from being circumvented, reports BBC.Google currently de-lists results that appear in the European versions of its search engines, but not the international one.The panel said it would advise member states' data protection agencies of its view in new guidelines.At present, visitors are...
ipo-lottery-of-national-feed-mill-thursday Dhaka, Bangladesh (BBN)- Initial Public Offering (IPO) lottery of National Feed Mill Limited (NFML) will be held tomorrow (Thursday) to allocate shares among the investors, officials said.The lottery will be held at 10:30am at seminar Hall of Institution of Engineers, Ramna Dhaka. Bangladesh University of Engineering and Technology (BUET) will conduct IPO lottery.The IPO subscription of the company was held on October 26 form October 30 for resident Bangladeshi and it was continued till November 8...
ebola-vaccine-trial-promisingUnited States (BBN)-The first human trial of an experimental vaccine against Ebola suggests that it is safe and may help the immune system to combat the virus.Twenty volunteers were immunised in the United States. Scientists at the US National Institutes of Health (NIH) described the results as "promising".The research is published in the New England Journal of Medicine (NEJM), reports BBC.None of those immunised suffered major side-effects and all produced antibodies.Dr Anthony Fauci of the NIH...
wto-presents-draft-decision-on-post-bali-work Geneva, Switzerland (BBN)- The World Trade Organization (WTO) has presented a draft decision on post-Bali work, which, in addition to draft decisions regarding public stockholding for food security purposes and the Trade Facilitation Agreement, would be put to members for agreement at the General Council meeting on 27 November.WTO Director-General Roberto Azevêdo presented the draft decision while briefed its members on Wednesday on developments in efforts to break the impasse on implementing the...
bangladesh-merchant-bankers-for-capital-market-development Dhaka, Bangladesh (BBN) - Bangladesh Merchant Bankers Association (BMBA) said on Wednesday that they would not pursue any of their proposals that could affect the country’s capital market.“The merchant bankers would not engage in anything which would be detrimental for the wellbeing of the capital market,” said Tanjil Chowdhury, president of BMBA at a press briefing.He said the BMBA would ‘redress’ any proposal that can cause difficulties in the market.The BMBA’s latest position came in the...
bb-withdraws-bdt-1889bn-injects-bdt-497bn-wednesday- Dhaka, Bangladesh (BBN)- The Bangladesh Bank (BB) withdrew BDT 18.89 billion from the market using reverse REPO auction on Wednesday, officials said. Five bids of 1-day tenor amounting total of BDT 18.89 billion were received and all the bids were accepted. The rate of interest of reverse REPO was 5.25 percent. On the other hand, the central bank injected BDT 4.974 billion in the market through providing liquidity support to the banks on the same day. Ten primary dealer (PD) and non-PD banks of...
bangladesh-bank-governor-receives-gusi-peace-prize Dhaka, Bangladesh (BBN)- Bangladesh Bank (BB) Governor Dr. Atiur Rahman received the Gusi Peace Prize 2014 at a ceremony held at the Philippine International Convention Center (PICC) in Manila on Wednesday. The Gusi Peace Prize foundation has termed the BB governor as the "poor man's economist" in the award citation. "I see this prestigious Gusi peace prize initiative as a reaffirmation of our collective commitment to human progress through poverty eradication and social empowerment of the...

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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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