Dhaka, Bangladesh (BBN)- The US Dollar (USD) dropped the most against the Euro (EUR) in more than a month and reached a 14-month low on concerns that the Federal Reserve will trail other central banks in boosting interest rates.
USD traded at 1.4905 against the EUR after falling to 1.4946, its lowest level since August 2008, according to reports.
On the other hand, Wall Street retreated below 10,000 mark as all eyes on Apple’s earnings report.
BBN/SS/SI/AD-18October09-12:34 pm (BST)