USD drops against Euro

Dhaka, Bangladesh (BBN)- US stocks declined, sending the Dow Jones Industrial average to 8,881.26, as energy producers dropped on lower oil prices and banks slid following an increase in bad loans.

The US Dollar (USD) dropped to 1.4219 against the Euro (EUR), a seven week low, as resilience in equities curbed demand for the greenback, according to reports.

The British Pound (GBP) traded at 86.41 pence against EUR, a week low, as reports exhibit that UK house price declines will persist.

BBN/SS/SI/AD-23July09-12:50 pm (BST) 

No Subscription? You Are Missing Out!

Join the business leaders of Bangladesh who rely on BBN's original reporting and in-depth analysis on business scenario of the country. We send only one daily email. No Spam Guaranteed!

Your Name (optional)

Your Email (Required) *

Subscribe

Please check your email and confirm your subscription