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The dollar rallied on Thursday as investors plowed cash back into riskier asset classes, with an underpinning of promising data from the United States and better-than-expected manufacturing data in Europe and China. The dollar was up 0.14 percent against a basket of major currencies, trading at 85.806. It benefited from both rising US Treasury yields, which illustrated an easing of investor concerns after last week's phalanx of selling, and a continuing US equities rally.

The US dollar extended broad-based gains on Wednesday after marginally higher-than-expected US inflation data coupled with earlier concerns over European banks sent the greenback to one-week highs against the euro. A slight uptick in September US CPI data, a 0.1 percent rise versus a mean forecast of no change, helped push US Treasury yields up, supporting the greenback.
The euro eased on Thursday with the focus turning to a gauge of euro zone business activity due later in the day, while the kiwi slid after a surprisingly weak reading on inflation in New Zealand. The US dollar managed to stay above water, though a largely muted reaction was seen in currency markets to a survey showing China's factory sector grew a shade faster in October, as the details underscored a still-shaky economy.
Sterling fell by around a third of a percent on Thursday after British retail sales dropped more than expected in September, another sign that one of the developed world's brighter economic recoveries is slowing. The impact was eased by subdued expectations for the data and by the prospect of a more upbeat first estimate of third-quarter economic growth on Friday.
The euro recovered from a two-week low against the dollar on Thursday after data showing an unexpected pick-up in euro zone business growth, though gains could be fleeting amid continued expectations of more monetary easing. Concerns over the health of the European banking sector have also weighed on the euro, and those worries deepened after Spanish newswire Efe said on Wednesday at least 11 lenders had failed stress tests run by the European Central Bank.
Interbank buy/sell rates for the taka against the dollar on Thursday. 77.40-77.41 (previous 77.40-77.41). Call Money Rates: 07.00-08.75 percent (* Previous 07.00-09.00 percent) (* revised).
Most emerging Asian currencies slid on Thursday as US Treasury yields and the dollar rose after an uptick in inflation, while a modest expansion in China's factory activity failed to ease concerns over slowing growth. Regional currencies also came under pressure from worries about the health of the European banking sector after media reported that 11 euro zone banks had failed stress tests run by the European Central Bank.
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Index Closing Chg%
Arrow DJIA 16,677.90 1.32
Arrow Nasdaq 4,452.79 1.60
Arrow S&P 1,950.82 1.23
Arrow FTSE 6,419.15 0.30
Arrow DAX 9,047.31 1.20
Arrow CAC-40 4,157.68 1.28
Arrow Nikkei 15,138.96 0.37
Arrow H.Seng 23,333.18 0.30
Arrow Sensex 26,851.05 0.24

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Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-2.807 bln
Exports $1.911 bln
Imports $4.718 bln
WeeklyOctober 23, 2014
Reserves $13.465 bln