JPY gains against Euro

Last updated: August 17, 2009

Dhaka, Bangladesh (BBN)- The Japanese Yen (JPY) advanced to a two week high of 133.90 against Euro (EUR) as reports exhibited higher than forecasted economic growth for Japan.

European stocks declined after the world’s largest food company Nestle posted lower earnings, reducing investor optimism. Europe’s Dow Jones Stoxx 600 Index lost 0.8 percent to 228.77, according to reports.

BBN/SS/SI/AD-17 August09-1:10 am (BST) 

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