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Bangladesh key economic indicators – Dec 4

DAILY INDICATORS

Tuesday Previous Taka/US $ (inter-bank) 77.75-77.7550 77.75-77.75 Call money rate (inter-bank) 06.00-07.75 05.50-07.75 Dhaka Stock Exchange index 4,310.72 4,197.92 ------------------------------------------------------------ indicatorMONTHLY CURRENT PREVIOUS Growth in: Consumer price index (BBS) Change yr/yr (pct) Oct. 7.03 7.13 M2 supply (bln taka) (BB) Sept. 6,267.23 6,199.89 Forex reserves ($bln)(BB) Nov. 17.11 17.35 Exports(FOB) ($mln)(BB) Sept. 2,590...

Banks asked to take police protection to secure cash handling

Bangladesh Bank (BB) has advised the commercial banks to take police protection to ensure security for their cash management, particularly in Automated Teller Machine (ATM) operations, during the shutdowns and blockades. The central bank sent a letter Tuesday to the commissioner of Dhaka Metropolitan Police (DMP) requesting him to provide police forces to the banks in accordance with their requirements. atmThe central bank took the measure against the backdrop of difficulties in managing cash p...

Dhaka, Washington sign MoC on counternarcotics

Bangladesh and the United States of America have signed a Memorandum of Cooperation (MoC) for mutual cooperation in the sphere of drug control between the US Drug Enforcement Administration and Bangladesh's Home Ministry. US-bdRegional Attach, Michael Brown representing the Drug Enforcement Administration and Additional Secretary (Political) Dr Kamal Uddin Ahmed signed the MoC on behalf of their respective sides here on Tuesday. This MoC is intended to increase cooperation aimed at combating organised...

Insignificant progress in graft index, Bangladesh ranks 16

Bangladesh has earned an “insignificant” progress in its fight against corruption in the current year, according to a survey report globally released yesterday by the Berlin-based NGO Transparency International. Bangladesh ranked the 16th most corrupt country in the world in the graft index, scored 27 points out of 100 this year, one point higher than the last year when it became 13th. Chairperson of the Transparency International Bangladesh (TIB) trustee board, Sultana Kamal, however, termed it insignificant, as the country’s position still remains quite low. TIB

Standard Chartered wins Banker Awards 2013

 Standard Chartered Bank Bangladesh has been awarded the prestigious “Bank of the year” award at The Banker Awards 2013. The award was handed over to Jim McCabe, CEO of Standard Chartered Bangladesh, at a grand gala dinner programme held at The Intercontinental Park Lane Hotel, London on November 28, said a press release on Tuesday. StanChartWhile receiving the award, McCabe said, “We’re delighted to receive this award in two consecutiv...

ICC monitoring Bangladesh violence ahead of T20

The International Cricket Council says it will monitor political violence in Bangladesh ahead of next year’s ICC World Twenty20 in the troubled country but is “happy” for now with arrangements. An ICC official said there would be a “continual review” of planning for the March-April tournament in view of the turmoil that has left dozens of people dead in street protests around the country, reports AFP. ICC 2014“This is a situation that we have to consistently monitor,” Chris Tetley, an ICC event...
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