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

Daily Business News Flash August 1, 2023

Exporters to get Tk 108.5 for each dollar from today

Banks yesterday hiked the buying and selling rates of US dollar as part of efforts to gradually reach a uniform exchange rate for the greenback by September this year. As such, bankers at a meeting decided to purchase dollars from exporters by paying Tk 108.5 for each US dollar from August 1, up nearly by 1 percent or Tk 1 from Tk 107.5 set in June. Migrant workers and non-resident Bangladeshis living abroad will get Tk 109 for a dollar. Until July 31, banks were officially offering Tk 108.5 for each US dollar, two bankers after a joint meeting between the Bangladesh Foreign Exchange Dealers’ Association (Bafeda) and Association of Bankers, Bangladesh (ABB) told The Daily Star. Importers will require to count Tk 109.5 for every dollar, according to the decision.

Source: https://www.thedailystar.net/business/economy/news/exporters-get-tk-1085-each-dollar-today-3383196

Marico begins production at Mirsarai unit

Marico Bangladesh has begun commercial production from its new manufacturing unit at Mirsarai Special Economic Zone to seize a greater share of the rapidly expanding market for fast-moving consumer goods. Although the India-based multinational company initiated production at its new manufacturing unit on July 4 this year, it disclosed the development on Monday through a Dhaka bourse disclosure. In October 2020, Marico Bangladesh decided to construct its third manufacturing unit at Mirsarai Special Economic Zone under the Bangladesh Economic Zones Authority (BEZA) to enhance its “Made in Bangladesh” production. In line with this decision, the company established its third manufacturing unit on a 10-acre land at Mirsarai EPZ by investing Tk 2.27 billion in phases, to expand its production capacity for existing product line-ups. Marico is ranked among the top three fast-moving consumer goods multinational firms in the beauty and wellness sector in Bangladesh. It is the first subsidiary of Indian Marico Ltd, which embarked on its journey 24 years ago with its flagship brand, Parachute Coconut Oil. Over time, Marico has diversified its offerings to encompass 42 brands in 10 categories, including hair care, skincare, baby care, hygiene and food products.

Source: https://today.thefinancialexpress.com.bd/trade-market/marico-begins-production-at-mirsarai-unit-1690825125

bKash gets ‘Fintech Award’

bKash, the country’s largest mobile financial services (MFS) provider, won the ‘Fintech Pioneer Award’ for playing pioneering role in the country’s fintech sector, says a press release. Prime Minister Sheikh Hasina handed over the award to Kamal Quadir, founder and CEO of bKash, at the inaugural ceremony of Bangladesh Startup Summit-2023 held on Saturday. bKash started its journey 12 years ago as one of the facilitators of the government’s ‘Digital Bangladesh’ vision.

Source: https://today.thefinancialexpress.com.bd/trade-market/bkash-gets-fintech-award-1690825048

Local and Global Stock Indices *

Index NameClose ValueValue ChangePercentage Change
DJIA$ 35,559.53
↑ 100.24↑ 0.28 %
FTSE100$ 7,699.41↑ 5.14↑ 0.07 %
Nikkei 225$ 33,453.43↑ 281.21↑ 0.85 %

World Commodities *

CommodityClose ValueValue ChangePercentage Change
Crude Oil (WTI)$ 81.62↓ 0.18↓ 0.22 %
Crude Oil (Brent)$ 85.56↑ 0.57↑ 0.67 %
Gold Spot$ 1,960.11↓ 4.98↓ 0.25 %

Major Currencies Exchange Rates Movement in Last Seven Days *

Exchange Rates
USD 1BDT 109.0000
BDT 109.0000

*World Commodities & Local and Global Stock Indices data are taken from bloomberg.com<

* Exchange Rates are taken from BB website, as on latest update.<




Dear Valued Patrons,

At the very onset, let me express my heartiest gratitude for allowing us to serve you and I also wanted to reach out to you directly with an assurance that Dhaka Bank is fully equipped to support you during this difficult time.

Last couple of weeks ago we all were living in a peaceful condition, performing our daily tasks freely and perfectly. Entire economy and business environment was also in a good shape, until COVID-19 put a forceful stoppage to the overall life style and economy of the world. We all know that social distancing and cleanliness are the keys to prevent this pandemic. Hence, we urge your conscious effort to limiting public interaction and suspending wherever possible.

In this current situation, Dhaka Bank and its employees are beside you where we are fully online, either working from home or at our offices under a robust Business Continuity Plan (BCP) to serve you with limited branch banking and a full-fledged alternate delivery channel services.

Our state of the art Mobile App, Dhaka Bank GO (Click https://bit.ly/2WVfieu) and Internet Banking - Dhaka Bank Direct gives you the freedom of banking online anytime from anywhere. You can check the balance and transfer money to any designated Banks including any Dhaka Bank or bKash Account, make utility bill payments and mobile top-up through our Mobile App and Internet Banking Services. Our ATMs are also running efficiently with availability of sufficient cash for your convenience where you can make cash withdrawals whenever the need arises. Mentionable, the withdrawal of cash from any ATMs within Bangladesh with Dhaka Bank Debit Cards are absolutely free of charges up till April 30, 2020 (Dhaka Bank will bear the cost). Our corporate customers can also use our completely safe and secured online platform Dhaka Bank C-Solution for Payments, Inter Bank Fund Transfers, etc.

Moreover, to fulfill your urgent requirement, we have a limited no. of branches up and running by ensuring all kinds of precautionary and safety measures for you.

In case of extreme emergency and facing difficulties in conducting banking transactions, please let us know through our 24/7 Contact Center number 16474 (or, dial +8809678016474 for ISD/Overseas Calls). We are always with you to combat your difficulties.

As you know we are going through a critical phase and the situation is novel to all of us. We are getting lot of new information from various sources everyday about COVID-19 which will be shared at www.dhakabankltd.com.

Thank you for your trust and continued support to us. I firmly believe that jointly we will be able to combat this situation and win against all the odds.

Please stay home, stay safe and take care of yourself and family.

Best regards,

Emranul Huq
Managing Director & CEO
Dhaka Bank Limited