Dhaka stocks’ rally extends to 5th week Dhaka stocks continued with gains in the past week to extend the bull run to the fifth week as investors kept injecting funds, especially into the financial scrips, while a some others went for profit taking share sales. The daily average turnover on

Central bank relaxes forex rules for foreigners The central bank relaxed its regulations allowing foreign tourists to get unspent Bangladesh Taka (BDT) reconverted to foreign exchanges from any licensed moneychangers. Officials said the Bangladesh Bank (BB) issued Tuesday a notification to this effect, asking all licenced MCs (money changers) and

Money Market Parameters Current Period Earlier Period Change Average Call Money Rate 5.07 % (Feb 13’20) 5.06 % (Feb 06’20) 0.01 % Call Money Lending (Crore BDT) 2,833.35 (Feb 13’20) 5,790.69 (Feb 06’20) 51.07% Prices Weighted Average Deposit Rate 5.70% (Feb ’20) 5.71% (Feb ’20) 0.01% Weighted Average Lending Rate

Money Market Parameters Current Period Earlier Period Change Average Call Money Rate 4.53% (Jun 26’19) 4.56% (Jun 19’19) 0.03% Call Money Lending (Crore BDT) 7,504.57 (Jun 26’19) 6,457.68 (Jun 19’19) 16.21% Prices Weighted Average Deposit Rate 5.46% (Jun 27’19) 5.42% (Jun 20’19) 0.04% Weighted Average Lending Rate 9.51% (Jun 27’19)

BD set to be 24th largest economy in 2033 Bangladesh is set to become the 24th largest economy in the next 15 years, according to a new analysis by a UK-based research firm. The country, ranked 43rd in the globe in 2018 for its higher economic growth, may improve its