$

TT-Clean: 77.1 | TK BC-Selling: 78.1
TK OD-Sight: 76.88 TK | TC-Selling: 78.1 TK

TT-Clean: 77.1 | TK BC-Selling: 78.1
TK OD-Sight: 76.88 TK | TC-Selling: 78.1 TK

£

TT-Clean: 77.1 | TK BC-Selling: 78.1
TK OD-Sight: 76.88 TK | TC-Selling: 78.1 TK

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Rate last updated: 02/01/2014 11:15:04 AM

Issue 49, September 3, 2017

Money Market

Parameters Current Period Earlier Period Change
Average Call Money Rate 4.06%
(Aug 30 ’17)
3.82%
(Aug 23 ’17)
0.24%
Call Money Lending (Crore BDT) 8,474.00
(Aug 30 ’17)
7,765.00
(Aug 23 ’17)
9.13%
Prices Weighted Average Deposit Rate 4.89%
(Jul ’17)
4.84%
(Jun ’17)
0.09%
Weighted Average Lending Rate 9.51%
(Jul ’17)
9.56%
(Jun ’17)
0.05%
Spread 4.62%
(Jul ’17)
4.72%
(Jun ’17)
0.10%
YoY Private Sector Credit Growth 16.94%
(Jul ‘17)
15.66%
(Jun ‘16)
1.28%
Classified Loan % Total Outstanding 10.13%
(Jun ’17)
10.53%
(Mar ’17)
0.40%

Major Local Economic Indices

GDP Growth Rate 7.24%
(FY ’17)
7.11%
(FY ’16)
0.13%
Inflation (12 Months Average) 5.45%
(Jul ’17)
5.44%
(Jun ’17)
0.01%
Export 3,207.00
(Jul ’17)
2,534.31
(Jul ’16)
26.54%
Import (C&F) 3,499.00
(Jun ’17)
3,816.00
(Jun ’16)
8.30%
Foreign Remittance 1,115.57
(Jul ’17)
1,005.51
(Jul ’16)
10.95%
FX Reserve 33,578.94
(Aug 30 ’17)
30,984.11
(Aug 23 ’16)
8.37%

Figures are expressed in Million US$ unless otherwise mentioned

Capital Market

Local DSEX 6,006.43
(Aug 31 ‘17)
5,885.42
(Aug 24 ‘17)
2.06%
CSCX 11,035.72
(Aug 24 ‘17)
11,019.48
(Aug 17 ‘17)
0.15%
CASPI 18,260.60
(Aug 24 ‘17)
18,227.08
(Aug 17 ‘17)
0.18%
Global Nikkei 225 19,689.09
(Sep 01 ’17)
19,452.62
(Aug 25 ’17)
1.22%
Dow Jones Industrial Average 21,985.73
(Sep 01 ’17)
21,818.83
(Aug 25 ’17)
0.76%
FTSE 100 7,448.52
(Sep 01 ’17)
7,411.64
(Aug 25 ’17)
0.50%

Major Global Economic Indices

Type Country Inflation2 GDP Growth Rate1 Unemployment Rate
G8 United States 1.70% 2.20% 4.40% 3
Great Britain 2.60% 1.70% 4.40% 1
Euro Zone 1.50% 3 2.20% 9.10% 2
Major
Trade
Partners
China 1.40% 6.90% 3.95%1
India 2.36% 5.70% 4.02%3
Germany 1.80% 2.10% 3.70%2
Singapore 0.60% 2.90% 2.20%1

1-Jun ’17, 2-Jul ’17; 3-Aug ’17

Commodity Market

Crude Oil (Brent) [USD/bbl] 52.75 52.41 0.65%
Gold Spot (USD/t oz.) 1,325.23 1,291.35 2.62%
Wheat (CBOT) [USD/bu] 438.75 435.25 0.80%
Soyabean Oil (CBOT) [USD/lb] 35.67 34.95 2.60%

* Current Period refers to September 1, 2017 & Earlier Period Refers to August 25, 2017

Exchange Rates

EUR-USD Latest EUR to USD exchange rate was 1.1924. Previous week’s rate was 1.1924, change -0.54%
GBP-USD Latest GBP to USD exchange rate 1.2951. Previous week’s rate was 1.2870,change +0.63%.
USD-JPY Current USD-JPY exchange rate is 110.2500. Previous week’s closing price was 109.3600, change +0.81%.
USD-AUD Current AUD to USD exchange rate 0.7975. Previous week’s rate was 0.7932, change +0.54 %.

Banks News in Capital Market

  • SHAHJABANK: Registered Office of the Company has been shifted to its own building at Shahjalal Islami Bank Tower, Plot # 4, Block – CNW (C), Gulshan Avenue, Dhaka-1212 with effect from August 27, 2017.
  • ALARABANK:: Registered Office of the Company has been shifted to its own premises at Al-Arafah Tower, 63 Purana Paltan, Dhaka-1000.
  • BRACBANK: Board of Directors of the Company has decided to off-load 1,034 shares of BRAC IT Services Limited (biTs) (a Subsidiary Company of BRAC Bank Limited) in favor of BRAC. After off-loading the above shares, BRAC IT Services Limited (biTs) will not remain a Subsidiary of BRAC Bank Limited.
  • FIRSTSBANK: Bangladesh Securities and Exchange Commission (BSEC) vide its letter dated August 27, 2017 has given its consent for raising of capital of the Company amounting to Tk. 450,00,00,000.00 only through issuance of 2nd Mudaraba Subordinated Bond for the enhancement of Tier-II Capital as per the requirement of BASEL-III. Price of the Bond is Tk. 10,00,000.00 only per unit.

Week in History

  • August 27, 2003 – Mars makes its closest approach to Earth in nearly 60,000 years, passing 34,646,418 miles (55,758,005 km) distant..
  • August 28, 1993 – The Galileo spacecraft discovers a moon, later named Dactyl, around 243 Ida, the first known asteroid moon.
  • August 29, 1949 – Soviet atomic bomb project: The Soviet Union tests its first atomic bomb, known as First Lightning or Joe 1, at Semipalatinsk, Kazakhstan.
  • August 30, 1991 – Dissolution of the Soviet Union: Azerbaijan declares independence from Soviet Union.
  • August 31, 1997 – Diana, Princess of Wales, her companion Dodi Fayed and driver Henri Paul die in a car crash in Paris
  • September 01, 1991 – Uzbekistan declares independence from the Soviet Union.
  • September 02, 1990 – Transnistria is unilaterally proclaimed a Soviet republic; the Soviet president Mikhail Gorbachev declares the decision null and void.

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.