June US Median Three-Year Inflation Expectations 3.3% Increase Vs. Prior 3.1% Increase, NY Fed Says

The Bangladeshi taka held steady against the US dollar on Tuesday after the Consumer Price Index in Bangladesh, measured on a monthly basis, grew 0.34% in June, compared with 0.03% in May. The markets predicted a print of 0.2%. On a yearly basis, the annual inflation rate in Bangladesh dropped to 9.16% in June from 9.24% in May. From the US front, the economy recorded a trade deficit of $77.60 billion in May. At the time of writing, the USD/BDT pair was trading at 123.0600, with a modest gain of 0.03% during American trading hours on Tuesday.