Euro gains against USD

Dhaka stocks make recovery in last week US stocks rise Friday, post best day Wednesday in eight weeks Band bonanza on upcoming Eid festival Gold breaks $1,250 an ounce, oil prices reach at $73.56 per barrel Japanese Yen hovers near 15-year highs against US dollar Call money rates stable last week Apex trade body hosts iftar party Friday Bank holiday Sept 7 IMF to provide $450 million assistance to flood-hit Pakistan Customs stations will remain open Sept 3, 4, 7

Stock Index (closing)

Aug 05, 2010

DSE	Up by 0.67% to 6575.39 points
CSE	Up by 0.21% to 12612.74 points

Exchange Rate

Aug.05, 2010

Currency	Buying	Selling
USD	68.80	69.80
GBP	108.73	111.84
EUR	89.86	92.78
JPY	0.80	0.83

Oil	$77.23/barel
Gold	$1165.85 /ounce
Silver	$17.60 /ounce

Thursday	2.50-3.0%
Wednesday	2.50-3.0%

Inter-bank forex

Wednesday's opening	Tk69.08-09
Tuesday's closing	Tk69.08-09

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Euro gains against USD

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Dhaka, Bangladesh (BBN)- The Euro (EUR) rose 0.9 percent against the US Dollar (USD) on Tuesday, touching USD 1.2350, its strongest since June 1. Confidence in the EUR was sustained as Spain raised EUR 5.2 billion at auction despite their fiscal worries.

On the other hand, industrial and technology shares drove U.S. stocks sharply higher as investors put aside worries about Europe's debt mountain. The Dow Jones industrial average climbed 2.1 percent to 10,404.77, its highest close since May 19, while the Nasdaq composite index surged 2.8 percent to 2,305.88.

Asian stocks rose for a fifth day as optimism that the U.S. recovery will support global economic growth spurred investor confidence. Japan’s Nikkei 225 Stock Average rose 1.6 percent in Wednesday morning Asian trading.

BBN/SS/SI/AD-16June10-12:50 pm (BST)

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