No transactions for five days during Durga Puja, banks to open on Saturday 17 October
Banks and the stock markets across the country will remain closed for five consecutive days as the Durga Puja holiday runs into the weekly holiday. The Puja holiday falls on 20 to 22 October, followed by the Friday-Saturday weekly holiday on 23 and 24…
22-carat gold at Tk 231,297 per bhori: gold to sell at the same price on Sunday too
The Bangladesh Jewellers Association (BAJUS) has raised the price of gold in the domestic market. The price of gold jewellery, including VAT, has gone up by a maximum of Tk 2,216 per bhori. BAJUS gave this information in a notification on Friday (9…
Dollar at Tk 122.10: taka exchange rates against various currencies on Sunday
Bangladesh’s trade and commerce with many countries of the world is growing day by day, and to keep that trade going, the volume of currency exchange is growing too. For the convenience of transactions, the exchange rates of the Bangladeshi taka…
Defaulted loans cross Tk 5.81 lakh crore, Bangladesh Bank takes three-term plan to bring them down
Bangladesh Bank has taken short-, medium- and long-term plans with three objectives: reducing defaulted loans in the banking sector, strengthening loan recovery and establishing good governance. Through these initiatives, loan recovery will be speeded…
22-carat gold now Tk 231,297 a bhori after rise of up to Tk 2,216
The Bangladesh Jewellers Association (BAJUS) has raised the price of gold jewellery, including VAT, by up to Tk 2,216 per bhori. The organisation announced the increase in gold prices in the domestic market in a notice on Friday (9 October). The new…
22-carat gold rises by Tk 2,216 a bhori to Tk 2,31,297
The price of gold jewellery, including VAT, has been raised by up to a maximum of Tk 2,216 per bhori. The Bangladesh Jewellers Association (BAJUS) has made this announcement of an increase in gold prices in the domestic market. BAJUS gave this…
PMI falls to 48.6 points in September, pace of economy weakens further
The country’s overall economic activity weakened further in September compared to August. The pace of business activity in the industrial sector slowed that month as new orders, production, stocks of raw materials and finished goods, and imports…
Reserves cross $36 billion, remittance $630 million in six days of October
The country’s gross foreign exchange reserves have risen to US$36.12 billion. This picture emerged in the latest data published by Bangladesh Bank on Thursday. According to the central bank’s data, the country’s foreign exchange…
Trading begins on two bourses with indices rising on last day of week
Trading began with a rise in indices today, Thursday, the last working day of the week, on the country’s premier bourse Dhaka Stock Exchange (DSE) and the other bourse Chittagong Stock Exchange (CSE). According to DSE and CSE sources, half an hour…
‘Fix the economy first’: Former AmCham president urges stability to attract investment
Law and order and political stability are essential if foreign investment is to be brought in, Syed Ershad Ahmed, former president of the American chamber AmCham, has said. He said, ‘I would say the investment climate is not favourable at all. Law…