EUR decreases against USD

Last updated: May 3, 2010

Dhaka, Bangladesh (BBN)- Euro, the European single currency, gave up gains Monday early Asian session and traded around 1.3287 against the US Dollar (USD) as the market took the Greece bailout package in its stride.

The Australian Dollar (AUD) recovered from an early low of USD 0.9210 to trade at USD 0.9262. The commodity-linked currencies were hurt on the backdrop of a 50 basis point increase of bank reserve requirement by Chinese government.

BBN/SS/SI/AD-03May10-13:10 pm (BST) 

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