Dhaka, Bangladesh (BBN) – Asian equities rose on bank upgrades by Goldman Sachs and rising commodity prices. The Nikkei gained 0.9 percent to 9,786.26.
The US Dollar (USD) declined against the Yen (JPY) on expectations of higher interest rates from the Federal Open Market Committee. USD touched 96.27 against JPY, according to reports.
The Pound (GBP) gained 0.9 percent to 1.6565 against USD on Bank of England Governor Mervyn King’s statement reflecting signs of recovery in the UK economy.
BBN/SS/SI/AD-21June09-1:20 pm (BST)