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| Dhaka, Monday, 20 November 2017

City businesses yet to gain usual stream

2014-10-12 18:50:51
City businesses yet to gain usual stream

Thereport24.com Desk, Dhaka:

Businesses in the capital city have yet to get on its usual trail of busy schedule on Sunday, the first working day of a full week after the long holiday for Eid-ul-Azha.

The three-day holiday for Eid-ul-Azha ended Tuesday, but a good number of city dwellers took leave on Wednesday and Thursday to extend their holiday.

Even after five days of the Eid, traffics were relatively thin on the city's thoroughfares and the main roads, which remain congested on regular working days.

On Sunday, attendance at the government, semi-government, autonomous and private offices including banks and financial institutions increased significantly than on what was seen on Wednesday, the first working day after Eid, but many places saw lower than usual visitors and clients.

Major city malls and shops opened their doors only to greet some visitors. Super shops and kitchen markets, however, saw good number of people in the morning who were mostly buying milk and vegetables. The day was a meatless day. Even though, fish traders did not get enough clients when supply was lower than normal.

Most of the restaurants in the city remained closed, but the fast-food eateries were busy serving a good number of customers.

Share trading at the stock market began on Sunday with bullish trend, taking the major price index to a new high at Dhaka Stock Exchange (DSE). Money market remained stable with local currency Taka maintaining its strength against dollar.

According to Sonali Bank, the exchange rate of US dollar on Sunday was Taka 79.50 for buying from the bank and was Taka 78 for selling to the bank. For British Pound, the exchange rates were Taka 125.50 and Taka 121.50 accordingly.

Ends/thereport24.com/AMA/Oct 12, 2014

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