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Tea prices all despite thin supplies amid unrest

Tea prices in Bangladesh fell sharply for a second straight week at the weekly auction on Wednesday on subdued demand from local buyers despite a drop in supplies amid political unrest. teaBangladesh has been racked by political unrest since anti-government protests turned violent early this year over a disputed election a year ago. More than 120 people have been killed and hundreds injured, most in petrol bomb attacks on vehicles, amid opposition transport blockades and strikes aimed at toppling the government. Overall, prices fell sharply again this...

How scary is the bond market?

IN The prices of long-term government bonds have been running very high in recent years (that is, their yields have been very low). In the United States, the 30-year Treasury bond yield reached a record low (since the Federal Reserve series began in 1972) of 2.25% on January 30. The yield on the United Kingdom’s 30-year government bond fell to 2.04% on the same day. The Japanese 20-year government bond yielded just 0.87% on January 20. islamic bondAll of these yields have since moved slightly higher, but they remain exceptionally low. It seems ...

Money supply in January rises

Broad money supply in January rose nearly 13 percent to 7,385.26 billion taka ($94.93 billion) from a year earlier, but was down 27.22 billion Taka from the previous call moneymonth, the central bank said on Sunday.         Below is the table of broad money supply: Jan. 2015     Dec. 2014   Jan. 2014 (bl taka)        (bl taka)      (bl taka)                        Broad supply   7,385.26    7,412.48     6,537.65                                                 ($1 = 77.80 taka)  

Courtesy: Reuters

 

Tea prices sharply down amid unrest

Tea prices in Bangladesh fell sharply at the weekly auction on Tuesday on tepid demand from local buyers despite a drop in supplies amid political turmoil. Bangladesh has been racked by political unrest since anti-government protests turned violent in January over a disputed election a year ago. tea cupMore than 100 people have been killed and hundreds injured, most in petrol bomb attacks on vehicles, amid opposition transport blockades and strikes aimed at toppling the government. Overall, prices fell sharply even though supplies were much ...

Feb ends with consolidation among major currencies

The dollar is consolidating gains scored yesterday, giving it a somewhat heavier tone. Equity markets are trading mixed, consolidating this week’s gains. Bond markets are also mostly quiet. [caption id="attachment_4203" align="alignleft" width="300"]The reserves now stand at $19.04bn, enough to pay off six months’ imports and second highest among SAARC countries The reserves now stand at $19.04bn, enough to pay off six months’ imports and second highest among SAARC countries[/caption] There are a couple of exceptions. Sweden reported Q4 GDP of 1.1% quarter-over-...

Tea prices fall on poor quality amid political unrest

Tea prices in Bangladesh declined for a fourth straight week at a weekly auction on Tuesday due to supplies of poor grade leaf amid political unrest. Bangladesh has been racked by political violence since anti-government protests turned violent last month over a disputed election a year ago. teaMore than 100 people have died and hundreds have been injured, most of them in firebomb attacks on vehicles, amid a violent nationwide transport blockade by the main opposition party aimed at toppling the government. Demand from local buyers was sluggish as ...
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