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 May 23, 2022

Bangladesh world’s second in maintaining currency value

Bangladesh ranks second among countries that succeeded in maintaining its currency value, although the rate of currency against the dollar has decreased in almost all countries of the world due to the war between Russia and Ukraine. A study shows that since the beginning of the Russia-Ukraine war, the Indian rupee depreciated by 6.83%, Pakistani rupee by 30.63%, Nepalese rupee by 6.43%, Myanmar kyat by 12.63%, Chinese yen by 5.6%, Thai baht by 9.46%, Japanese yen by 17.32%, South Korean won by 12.07% and Malaysian ringgit by 3.90%, Filipino peso by 9%, Taiwanese dollar by 6.4%, Singaporean dollar by 3.75%, Cambodian real by 0%, Brunei dollar by 3.60%, Turkish lira by 89.37%, Egyptian pound by 14.5%, South African rand by 13.66%, Australian dollar by 9.17%, New Zealand dollar by 10.77%, British pound by 11.86%, European euro by 13.40%, Swiss franc by 8.85% and Swedish kroner by 19.67%.

Source: https://www.tbsnews.net/economy/bangladesh-worlds-second-maintaining-currency-value-al-424866

 52,500 tonnes of wheat arrived at Chattogram from India

A ship with 52,500 tonnes of government wheat has arrived at Chattogram Port from neighbouring India. The ship is currently at the outer anchorage of Kutubdia Port. Once the customs clearance and other ancillary processes, including the plant quarantine certificate, are completed on Monday, they will be unloaded at Chattogram Silo by a lighter ship, according to Chattogram Food Department sources. The previous week, another ship brought 52,500 tonnes of wheat. Bangladesh has a demand for 75 lakh tonnes of wheat every year. Of this, 11 lakh tonnes of wheat is produced locally and the rest is imported. From 1 July to 30 April this year, 55.46 lakh tonnes of wheat arrived in the country.

Source: https://www.tbsnews.net/bangladesh/52500-tonnes-wheat-arrived-chattogram-india-424910

 Suez Canal revenues may hit $7b

Egypt expects the Suez Canal’s revenues to reach about $7 billion by the end of the current fiscal year, finance minister Mohamed Maait said on Saturday. Tourism revenues are expected to reach between $10 billion and $12 billion by then.

Source: https://today.thefinancialexpress.com.bd/trade-market/suez-canal-revenues-may-hit-7b-1653237897

Local and Global Stock Indices *

Index NameClose ValueValue ChangePercentage Change
DJIA$ 31,261.90
↑ 8.77↑ 0.03 %
FTSE100$ 7,389.98↑ 87.24↑ 1.19 %
Nikkei 225$ 26,872.01↑ 132.98↑ 0.50 %

World Commodities *

CommodityClose ValueValue ChangePercentage Change
Crude Oil (WTI)$ 110.71↑ 0.43↑ 0.39 %
Crude Oil (Brent)$ 113.18↑ 0.63↑ 0.56 %
Gold Spot$ 1,854.16↑ 7.66↑ 0.41 %

Major Currencies Exchange Rates Movement in Last Seven Days *

Exchange Rates
USD 1BDT 87.5000
GBP 1BDT 109.2875
EUR 1BDT 92.4350

*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