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Too good to last much longer
The markets have run up too fast too soon to sustain without a healthy correction. In the near term, global markets cues, FII activities and rupee movement remain the key, writes Ambareesh Baliga. Full Article
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TABLE-Bangladesh key economic indicators - Nov 1
Nov 1- -------------------------------------------------------- DAILY INDICATORS
Thursday Previous Taka/US $ (inter-bank) 69.15/69.15 69.15/69.15 Call money rate (inter-bank) 2.25-6.50 1.75-6.75 General index 3,364.26 3,346.79 ---------------------------- MONTHLY
CURRENT PREVIOUS Growth in: Consumer price index (BBS) Change yr/yr (pct) Aug. 4.69 3.46 M2 supply (bln taka) (BB) Aug. 3,036.06 2,980.95 Forex reserves ($bln)(BB) Sept. 9.36 9.15 Trade balance ($mln)(BB) Aug. *-214.31 -528.31 Exports ($mln)(BB) Aug. 1,367.79 1,543.09 Imports ($mln)(BB) Aug. 1,582.10 2,071.40 ---------------------------- ANNUAL
2007/2008 2006/2007 Population (millions) *142.4 140.6 Per capita income (US Dollar) *599 523 External debt ($bln) *20.1 19.35 External debt (pct of GDP) *25.5 28.3 Real GDP growth (pct) *6.2 6.5 Fiscal Deficit (pct of GDP) *6.2 3.7 Trade Balance ($bln) *-5.54 -3.46 Exports ($bln) *13.94 12.05 Imports ($bln) *19.48 15.51 Current a/c balance ($mln) *672 936 Current a/c balance (pct of GDP) *0.7 1.4 Agriculture production (constant factor cost in bln Tk) *648.4 625.8 Industrial production (constant factor cost in bln Tk) *921.4 862.2 * = provisional BB = Bangladesh Bank (central bank) BBS = Bangladesh Bureau of Statistics
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