Money Market
|
Parameters |
Current Period |
Earlier Period |
Change |
|
Average Call Money Rate |
3.92%
(Dec 20 ’17) |
3.87%
(Dec 13 ’17) |
0.05% |
|
Call Money Lending (Crore BDT) |
7,120.00
(Dec 20 ’17) |
7,309.00
(Dec 13 ’17) |
2.59% |
| Prices |
Weighted Average Deposit Rate |
4.89%
(Oct ’17) |
4.90%
(Sep ’17) |
0.01% |
| Weighted Average Lending Rate |
9.39%
(Oct ’17) |
9.45%
(Sep ’17) |
0.06% |
| Spread |
4.50%
(Oct ’17) |
4.55%
(Sep ’17) |
0.05% |
|
YoY Private Sector Credit Growth |
18.63%
(Oct ‘17) |
17.80%
(Sep ‘17) |
0.83% |
|
Classified Loan % Total Outstanding |
10.67%
(Sep’17) |
10.13%
(Jun’17) |
0.54% |
Major Local Economic Indices
| GDP Growth Rate |
7.28%
(FY ’17) |
7.11%
(FY ’16) |
0.17% |
| Inflation (12 Months Average) |
5.59%
(Oct ’17) |
5.55%
(Sep ’17) |
0.04% |
| Export |
3,057.11
(Nov’17) |
2,878.09
(Nov’16) |
6.22% |
| Import (C&F) |
4,942.00
(Oct’17) |
3,817.00
(Oct’16) |
29.47% |
| Foreign Remittance |
1,214.75
(Nov ’17) |
951.37
(Nov ’16) |
27.68% |
| FX Reserve |
32,960.23
(Dec 20’17) |
31,861.05
(Dec 20’16) |
3.45% |
Figures are expressed in Million US$ unless otherwise mentioned
Capital Market
| Local |
DSEX |
6,182.79
(Dec 21 ‘17) |
6,230.02
(Dec 14 ‘17) |
0.76% |
| CSCX |
11,558.26
(Dec 21 ‘17) |
11,648.33
(Dec 14 ‘17) |
0.77% |
| CASPI |
19,122.74
(Dec 21 ‘17) |
19,274.22
(Dec 14 ‘17) |
0.79% |
| Global |
Nikkei 225 |
22,898.48
(Dec 22’17) |
22,557.69
(Dec 15’17) |
1.51% |
| Dow Jones Industrial Average |
24,751.25
(Dec 22’17) |
24,651.74
(Dec 15’17) |
0.40% |
| FTSE 100 |
7,587.77
(Dec 22 ’17) |
7,484.05
(Dec 15 ’17) |
1.39% |
Major Global Economic Indices
| Type |
Country |
Inflation3 |
GDP Growth Rate1 |
Unemployment Rate1 |
| G8 |
United States |
2.20% |
2.30% |
4.10% 3 |
| Great Britain |
3.10% |
1.50% |
4.30% 2 |
| Euro Zone |
1.50%3 |
2.60% |
8.80%2 |
Major
Trade
Partners |
China |
1.70% |
6.80% |
3.95% |
| India |
4.88% |
6.30% |
4.59% 3 |
| Germany |
1.80% |
2.80% |
3.60% 2 |
| Singapore |
0.40% 2 |
5.20% |
2.20% |
1-Sep’17;2-Oct’17;3-Nov’17
Commodity Market
| Crude Oil (Brent) [USD/bbl] |
65.25 |
63.23 |
3.19% |
| Gold Spot (USD/t oz.) |
1,274.16 |
1,256.44 |
1.41% |
| Wheat (CBOT) [USD/bu] |
424.75 |
418.25 |
1.55% |
| Soyabean Oil (CBOT) [USD/lb] |
32.94 |
33.34 |
1.20% |
* Current Period refers to December 22, 2017 & Earlier Period Refers to December 15, 2017
Exchange Rates
| EUR-USD |
Latest EUR to USD exchange rate was 1.1862. Previous week’s rate was 1.1773, change +0.76%. |
| GBP-USD |
Latest GBP to USD exchange rate 1.3363. Previous week’s rate was 1.3320, change +0.32%. |
| USD-JPY |
Current USD-JPY exchange rate is 113.2900. Previous week’s closing price was 112.6000, change +0.61%. |
| USD-AUD |
Current AUD to USD exchange rate 0.7709. Previous week’s rate was 0.7646, change +0.82%. |
Banking News in Capital Market
- CITYBANK: Board of Directors has approved to transfer by way of sale bank’s land measuring all together 21,602 sft. named and styled ‘Al-Amin Centre’, situated at Dilkusha C/A, Motijheel, Dhaka at current market value of Tk. 26,32,35,000.00 to its own subsidiary City Brokerage Limited. Bank will recognize gain of Tk. 18,26,10,028.00 through making the transaction.
- ABBANK: Board of Directors has decided to change the venue for AGM and EGM to Le Meridien Dhaka Hotel. Other information of AGM and EGM will remain unchanged
- UCB: BSEC has accorded its consent for raising of Tier II Regulatory Capital through issuance of Unsecured, Non-Convertible, Non-Listed and Redeemable ‘UCB Third Subordinated Bond’ amounting of Tk. 700.00 crore for 7 years tenure with interest of Benchmark rate plus 2.5% p.a. margin subject to coupon floor rate of 7.0% p.a. and Coupon Ceiling Rate of 10.50% pa. through Private Placement.
Week in History
-
- December 17, 2014 – The United States and Cuba re-establish diplomatic relations after severing them in 1960.
- December 18, 2006 – United Arab Emirates holds its first-ever elections.
- December 19, 2013 – Spacecraft Gaia is launched by European Space Agency.
- December 20, 2013 – China successfully launches the Bolivian Túpac Katari 1 from the Xichang Satellite Launch Center.
- December 21, 2012 – 2012 phenomenon: This day was regarded as the end-date of a 5,126- year-long cycle in the Mesoamerican Long Count calendar, leading to widespread expectations of cataclysmic event.
- December 22, 1990 – Final independence of Marshall Islands and Federated States of Micronesia after termination of trusteeship.
- December 23, 2007 – An agreement is made for the Kingdom of Nepal to be abolished and the country to become a federal republic with the Prime Minister becoming head of state.
Disclaimer: This Document has been prepared and issued by R&D, DBL on the basis of the public information available in the market, sources of data believed to be reliable. All reasonable care has been taken to ensure that the facts & information stated in the Document are accurate as on the date mentioned herein.