$

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 65, December 24, 2017

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 Dailies

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.