Dollar Turns Mixed In Volatile Market

The dollar ended mixed Friday in a market ruffled by the unexpected resignation of the French finance minister, Alain Madelin.

The resignation sent the French franc plunging and the German mark surging against the franc and other major currencies.

Friday’s events played out in an exaggerated fashion in a thin market with few active traders.

In late New York trading, the dollar fetched 1.4720 German marks, down from 1.4737 late Thursday. The dollar rose to 96.70 Japanese yen from 96.52 late Thursday.