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Tags : interest rate


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Global stocks diverge as traders weigh future Fed cuts

Stock markets diverged on Thursday as investors digested US inflation data that supported the case for another interest rate cut next month, while worries over Donald Trump’s presidency clouded optimism...

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No compulsory interest rate for dollar accounts

The Bangladesh Bank on Thursday withdrew the compulsory interest rate system for resident foreign currency deposit accounts, allowing banks the flexibility to set rates in direct negotiations with customers...

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Russia hikes interest rates to 20-yr high

Russia’s central bank hiked interest rates to 21 per cent on Friday, taking borrowing costs to their highest level in more than two decades as Moscow’s Ukraine offensive has triggered rapid price rises at home...

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DBA suggests review of demutualisation laws, reforms

The DSE Brokers Association of Bangladesh at a meeting with the Bangladesh Securities and Exchange Commission on Monday placed a number of suggestions, including a review of the exchange demutualisation laws and schemes and withdrawal of 12 per cent interest rate on margin loans, to develop the stock market...

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Businesses urge for improved business climate

Business leaders on Saturday sought better business climate in the country and said that issues like law and order situation, rising interest rates and other macroeconomic challenges must be addressed as these factors have impacted the economy negatively...

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Policy rate hike for long to hit pvt sector investment: DCCI

Dhaka Chamber of Commerce and Industry president Ashraf Ahmed on Saturday said that the policy of higher interest rates and tighter liquidity management adopted by the government to control inflation should be reversed after December, otherwise private sector investments would decline, hindering new job creation...

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Norway central bank sees no rate cut this year

Norway’s central bank kept its key interest rate at a 16-year high Thursday and signalled it would only start cuts next year, later than its US and European peers...

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BoE holds rate steady after jumbo US cut

The Bank of England on Thursday kept its key interest rate at 5.0 per cent, deciding against consecutive cuts one day after a bumper reduction from the US Federal Reserve...

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BB makes EDF loans costlier

The Bangladesh Bank on Monday made loans in dollars from the Export Development Fund more expensive by tying the interest rate to the secured overnight financing rate (SOFR), which is significantly higher than the current rate for EDF loans...

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Global stocks diverge ahead of Powell speech

Stock markets were mixed Tuesday as investors treaded water ahead of a key speech by US Federal Reserve chief Jerome Powell that could provide more hints of an interest rate cut...

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US consumer inflation sees smallest annual rise since 2021

US consumer inflation eased slightly in July, according to government data published Wednesday, its smallest 12-month increase since March 2021 and a positive sign for the Federal Reserve as it weighs cutting interest rates...

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Global stocks diverge, as oil prices cool

Europe’s main stock markets fell Tuesday after gains in Asia, as attention turned to economic data and its impact on the outlook for interest rates...

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Asian markets drop as Biden drops out of White House race

Asian markets fell Monday as Joe Biden’s decision to drop out of the US presidential race fuelled fresh uncertainty, while traders appeared unmoved by China’s decision to cut interest rates in a bid to boost its stuttering economy...

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NSC sales fall further amid rising inflation

The net sales of national savings certificates further declined in the July-May period of the 2023-24 financial year due to high inflation and rising bank interest rates...

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Net NSC sales dip in 9 months

The net sales of national savings certificates went down further in the July-March period due to high inflationary pressures and rising bank interest rates...

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Global stocks retreat, Mumbai tumbles 7pc

Stock markets fell Tuesday as investors worried that headwinds are gathering for the US economy, outweighing hopes that recent weak data would prompt the Federal Reserve to start cutting interest rates...

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Bangladesh business climate deteriorates

Bangladesh’s business environment deteriorated in the financial year 2023-24 compared with that in the FY 2022-23 due mainly to lack of necessary reforms, increasing pressure from tax authorities, rising interest rate and impact of the Russia-Ukraine war, according to a report released by the Metropolitan Chamber of Commerce and Industry, Dhaka...

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European stocks hit record highs

European stock markets struck fresh record highs Friday on growing hopes that central banks are close to cutting interest rates...