Crude slips below US$ 75 per barrel

Forex reserve hits at $11.25 billion after purchasing $101 million from banks Call money rate stable before Eid Result of Wednesday’s REPO auction Bangladesh sends relief, medical team to flood-hit Pakistan DSE opens complaint cell for investors HSBC Amanah spreads joy of giving across eight countries Call money rate hits 10 percent Monday Expatriates send home over $957 million head of Eid-ul Fitr Result of 10-Year BGTB auction Banks OBUs allowed discounting accepted import bills

Stock Index (closing)

Aug 05, 2010

DSE	Up by 0.67% to 6575.39 points
CSE	Up by 0.21% to 12612.74 points

Exchange Rate

Aug.05, 2010

Currency	Buying	Selling
USD	68.80	69.80
GBP	108.73	111.84
EUR	89.86	92.78
JPY	0.80	0.83

Oil	$77.23/barel
Gold	$1165.85 /ounce
Silver	$17.60 /ounce

Thursday	2.50-3.0%
Wednesday	2.50-3.0%

Inter-bank forex

Wednesday's opening	Tk69.08-09
Tuesday's closing	Tk69.08-09

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Crude slips below US$ 75 per barrel

Dhaka, Bangladesh (BBN)- Crude oil started the week falling to four-week lows, below USD 75 a barrel, as the equity markets slumped.

Throughout the last week, oil prices stayed below US$ 75 a barrel on continued market unease over possible tighter monetary policy in China, a US proposal to tighten bank trading rules, concerns about economic recovery in the US after weak US home sales data and an ongoing weak demand in the US, the world’s largest oil consumer.

Gold prices went through minor fluctuations throughout the week. Towards the end of the week, gold steadied around US$ 1,090 an ounce level after falling previously when the Federal Reserve voiced cautious optimism on the US economy.

BBN/SS/SI/AD-30January10-10:31 pm (BST)

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