Dhaka, Bangladesh (BBN) – The European currency (EUR) rose to 1.5033 against the US Dollar (USD) as Dubai debt problems reduced safety bids for the greenback, according to reports.

US stocks gained as Dubai’s debt delay proposal died down after the Arab Emirate’s largest company said it planned to restructure some of its units.

Following this, the Dow Jones Industrial Average gained 0.34 percent to 10,344.84 while the NASDAQ Composite advanced 0.29 percent to 2,144.60.

BBN/SS/SI/AD-01December09-2:04 pm (BST)