The U.S. dollar moved higher against its major counterparts in the New York session on Friday, as strong-than-expected jobs data for March dampened hopes of imminent interest rate cuts by the Federal Reserve.
Last year, MNCs paid Tk 5,060 crore as dividends, representing 72 percent of the total earnings while in 2022, they gave out Tk 6,346 crore in dividends, which accounted for 95 percent of the profits.
(Bloomberg) There’s a subtext to this year’s blistering rally in US risk assets: When it comes to the dollar, there is no alternative.Most Read from BloombergA Spike in Heart Disease Deaths Since Covid Is Puzzling ScientistsBYD’s New $233,450 EV Supercar to Rival Ferrari, LamborghiniNigeria Delivers Jumbo Rate Hike to Aid Its Battered NairaOffice Tower Deal for $1 Reveals Anxiety Among Longtime BuyersThe greenback is just shy of the record it reached during the pandemic and on pace for its be