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 June 09, 2022

Taka gains against dollar after serial depreciation

A turnaround comes as the Bangladesh taka gained 50 paisa in its value against the US dollar Wednesday after a depreciation dive for four consecutive workdays. The US currency was quoted at Tk 91.50 per unit on the day against Tk 92.00 of the previous working day, according to market operators. Most banks quoted maximum Tk 93.00 for the sale of bills for collection, generally known as BC, for settling import payments on Wednesday-unchanged from the previous level. It sold $124 million directly to nine banks Wednesday to help them meet a growing demand for the greenback. Earlier on Tuesday, the central bank sold $129 million directly to five banks on the same ground. It has so far injected $6.60 billion from the reserves directly into commercial banks as liquidity support for settling their import-payment obligations in the current fiscal year (FY), 2021-22. Bangladesh’s forex reserves came down to $41.75 billion on Wednesday from $41.89 billion on the previous working day following higher sales of the greenback from the reserves.

Source: https://today.thefinancialexpress.com.bd/last-page/taka-gains-against-dollar-after-serial-depreciation-1654716453

Exporters to pay higher source tax

Although exporters of all sectors are going to enjoy 10 per cent (green businesses) and 12 per cent (non-green businesses) corporate tax in line with garment makers, source tax on export proceeds is likely to double to 1 per cent from the next fiscal year. The existing 0.5 per cent source tax has been in place for the last couple of years, according to the National Board of Revenue. The move comes against the backdrop of businesses showing interest in importing gold after the government framed a gold policy in 2018 to bring the gold trade under a regulatory framework. Officials expect that the tax waiver would help the jewellery market to flourish and increase the state’s revenue collection.

Source: https://www.thedailystar.net/business/economy/news/exporters-pay-higher-source-tax-3042911

Mr. Mahbubur Rahman re-elected chairman of National Housing

Mr. Mahbubur Rahman has been re-elected as Chairman of National Housing Finance And Investments Limited at its 237th meeting of the Board held recently for further 2 years. He is the president of International Chamber of Commerce (ICC) – Bangladesh and Chairman of ETBL Holdings Limited. He is the Founder Chairman of Eastland Insurance Co. Ltd., Bangladesh International Arbitration Centre (BIAC) and International Publications Limited (Owning company of The Financial Express). Mr. Rahman is the Founding Member and Former Chairman of Business Advisory Council (BAC) of UN-ESCAP. He has been named 150 “high-impact” leaders in the area of business and social enterprise from Africa, Asia, Latin America and the Middle East.

Source: https://today.thefinancialexpress.com.bd/stock-corporate/mahbubur-rahman-re-elected-chairman-of-national-housing-1654713896

Local and Global Stock Indices *

Index NameClose ValueValue ChangePercentage Change
DJIA$ 32,910.90
↓ 269.24↓ 0.81 %
FTSE100$ 7,593.00↓ 5.93↓ 0.08 %
Nikkei 225$ 28,278.45↑ 44.16↑ 0.16 %

World Commodities *

CommodityClose ValueValue ChangePercentage Change
Crude Oil (WTI)$ 122.31↑ 0.20 ↑ 0.16 %
Crude Oil (Brent)$ 123.89↑ 0.31↑ 0.25 %
Gold Spot$ 1,854.88↑ 1.52↑ 0.08 %

Major Currencies Exchange Rates Movement in Last Seven Days *

Exchange Rates
USD 1BDT 92.0000
GBP 1BDT 115.8464
EUR 1BDT 98.4676

*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