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Eid pushes up call money rate

The call money rate edged up to around 4.5 percent yesterday after hovering between 2 percent and 3 percent for several months on the back of a cash withdrawal pressure in the lead up to Eid-ul-Azha.

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BJMC gets Tk 100cr to pay jute mill salaries

The finance ministry has provided a Tk 100 crore loan under some conditions to Bangladesh Jute Mills Corporation (BJMC) to help the state agency pay salaries and wages of the staff of its 25 loss-making jute mills.

Falling rupee a double-edged sword for economy: analysts

India's rupee hit fresh record lows Thursday amid warnings that benefits to exporters from a weaker currency would be offset by the higher price paid by Asia's third-largest economy for oil.

Iran says no Opec member can take over its share of oil exports

Iran told Opec on Sunday no member country should be allowed to take over another member's share of oil exports, expressing Tehran's concern about Saudi Arabia's offer to pump more oil in the face of US sanctions on Iranian oil sales.

Walmart asks beauty suppliers to consider sourcing outside China

Walmart Inc has asked some beauty suppliers to consider sourcing products from outside China, as it looks for ways to mitigate the impact of a new set of tariffs on Chinese products proposed by the Trump administration.

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