The exchange rate of the taka stood at Tk 93.95 per dollar today in contrast to Tk 92.45 on Tuesday.

Stocks at the port city bourse dropped today while the turnover rose.

The stock index continued to drop for the second consecutive day as investors are feeling shaky because of the falling trend of remittance, foreign exchange reserve amid higher inflationary pressure.

Most shares on the Chittagong Stock Exchange opened lower today, extending losses of the key index from yesterday.

Shares on the Dhaka Stock Exchange continued to fall for the second consecutive day today.

Abdur Rouf Talukder, new governor of Bangladesh Bank, today said containing inflation would be his top priority.

Stocks at Chattogram bourse dropped today while turnover of the market also fell.

Stock market index dropped today in the first session after the Eid vacation while turnover of the main bourse also plunged.

The government should adopt more austerity measures to rein in inflation and keep the macroeconomy stable since the global economic crisis derived from the Russia-Ukraine war and supply chain woes will not be resolved anytime soon, speakers said yesterday. 

When one of her cattle died contracting hoof-and-mouth disease some time back, Salma Akther had grown deeply worried over the future of her remaining herd of 19 animals.

In Bangladesh, employment generation is the prime agenda for sustainable development for huge educated jobless. This is highlighted in policy discussions or research findings.  

Use of launch services in Barishal declined by up to 50 per cent in the first seven days after Padma Bridge was inaugurated but the situation has since changed thanks to an onrush of Eid home-goers.

Rawhide traders are expecting a good season for business this year as tanners have cleared last year’s arrears owed to them, which would in turn enable purchasing skins and hides from seasonal traders during upcoming Eid-ul-Azha. 

The inter-bank call money rate in Bangladesh rose further yesterday owing to the growing demand for cash ahead of Eid-ul-Azha, the government’s increased borrowing from the banking system and banks’ purchases of US dollars aimed at settling import bills.

Foreign exchange reserves in Bangladesh could slip below $40 billion for the first time in nearly two years owing to regular import payments and a slowdown in remittance flow.

The government in Bangladesh has already begun enforcing energy and power rationing to contain the surging import cost of gas and fuel oil and turned to austerity measures to save US dollars. 

Meghna Bank Limited recently signed an agreement with Nagad so that the bank’s customers can directly send money from their accounts to a beneficiary account of the mobile financial service brand operating under Bangladesh Post Office.

Stock prices in the domestic market closed flat yesterday, the last trading session ahead of Eid-ul-Azha, as most investors were in a cautious stance, according to analysts.

United Commercial Bank formed a new board of directors through a meeting at its corporate office on Wednesday.  

Developed nations are having to take tough steps to control record levels of inflation, which is a concern for Bangladesh as it will dampen exports demand to these countries, according to the International Chamber of Commerce-Bangladesh (ICCB).