On Monday the American currency grew against the basic world currencies.

A dollar exchange rate recovery is promoted by reduction of oil and metals prices.

Besides, even a stream of weak data in a manufacturing industry of New York and Net Foreign Purchases, which were below forecasts, could not undermine the dollar. Besides Net Foreign Purchases data have surpassed the size of trade deficit of the USA.

Thus, to the European currency the dollar grew almost 200 points.

The dollar/yen rate also rose and reached a mark of 110.55.

Falling of the Asian securities supported the American currency.

According to New York FRB data business index in sector of a manufacturing industry in the USA dipped to 12.4 in May against 15.8 in April. It is a minimum level since June 2005.

Economists forecast reduction of the index to 17.0.

Net Foreign Purchases in the USA in March also dropped to 69.8 billion dollars after they have achieved the revised value 90.5 billion dollars in February.

Decrease happened basically on a background of sale of Treasury notes and bill notes, bought by foreign investors.

It was expected that Net Foreign Purchases would make 85.0 billion dollars.

The British Chamber of Commerce has revised its forecast for the nearest two years.

In its quarter economic forecast ??? declared that it raises GDP forecast from 2.2 up to 2.3 % in 2006, and from 2.4 up to 2.5 % in 2007.

In 2005 the UK economy was only up 1.8 %, a minimum since 1999.

The forecast of economic growth of the British Chamber of Commerce was in line with numbers of the Ministry of Finance, but below data of the last year.