Coronavirus triggers panic buying in Dhaka as stocks drop to 7-year low, gold prices fall - News Summed Up

Coronavirus triggers panic buying in Dhaka as stocks drop to 7-year low, gold prices fall


“The customers who had been buying 10kg rice at a time previously are going for 20 to 30kg now. Grocery sales in Dhaka rise severalfold on Wednesday as a coronavirus outbreak prompts panic buying. Grocer Zahirul Islam Bhuiyan of Pirerbagh said demand for rice rose sharply increasing prices as well, he said. Panicked customers buy rice for stockpiling in Dhaka's Mirpur on Wednesday as the number of coronavirus patients rises in Bangladesh. A month after raising gold prices citing the coronavirus, the jewellers have now cut the prices of the yellow metal citing the same reason.


Source: bd News24 March 18, 2020 21:45 UTC



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