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Banks restricted to Tk 1.0 margin in dollar dealings

Bankers are asked to review the widening spread between sale and purchase rates of the US dollar and forbidden from crossing Tk 1.00 margin, in government bid to tame the wayward forex market. The central bank issued the instructions at a joint meeting of the Association of Bankers, Bangladesh (ABB)...

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National Mourning Day today -

People across the country will observe the National Mourning Day, the darkest chapter in the history of independent Bangladesh, today (Monday), reports UNB.On this day in 1975, the nation's founding father Bangabandhu Sheikh Mujibur Rahman and most of his family members were assassinated by a cabal of military men.Eighteen members...

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Egg price leaps to Tk180 a dozen !

Price of farm egg, the key protein source for commoners, continued its rocketing trend as it hit an all-time high of Tk180 a dozen on Sunday morning in the city's many areas.On the other hand, rice, chicken and some vegetables also witnessed a further hike on the day raising woes...

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Banks’ provisioning shortfall narrows

Overall loan-provisioning shortfall in Bangladesh's banking sector narrows a bit to Tk 132.19 billion, as of last June, and experts suggest quicker improvements as inadequate security is deemed risky. The little improvement had taken place in six months to June as the same applicable to the state-owned banks was dealt...

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Govt to cut fuel price if it goes down globally: Nasrul

The government will re-adjust the domestic oil prices if their price in the international market continues to fall, state minister for the Ministry of Power, Energy and Mineral Resources (MPEMR) Nasrul Hamid said Sunday.Hamid has urged all to be patient for a couple of months and termed the current energy...

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Prayer Timings (2022-08-15)

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Briefing 15-08-2022

Stocks snap losing streakSnapping a four-day losing streak, stocks closed higher amid volatile trading on Sunday as smart investors take advantage of the last week's corrections to buy equities at lower prices. Dhaka Stock Exchange (DSE) opened the day's session on a positive note but the benchmark DSEX index witnessed...

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