Asian markets retreats Thursday

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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Esha	8:15	8:45

Asian markets retreats Thursday

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Dhaka, Bangladesh (BBN) - Most Asian markets retreated on Thursday after fresh evidence of slower U.S. growth blunted appetite for riskier assets, according to reports.

The latest sign of sluggishness in the U.S. came from the Federal Reserve's regional survey, a report known as the "beige book." The Fed said economic growth in the U.S. has been steady during the summer in some cities, but was slowing in others.

BBN/SS/SI/AD-29July10-10:21 am (BST)

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