Dollar Rises Against Yen, Mark

The dollar rose against most currencies Tuesday, buoyed by fears of central bank intervention, a rally in U.S. stocks and bonds and news that President Clinton was offering a plan to curb the budget deficit.

The resilience of the U.S. currency came despite a barrage of weak economic data reported by the government, showing an anemic rise in May retail sales and a benign rate of consumer inflation last month.

“There was a bounce in the dollar over the course of today’s trading,” said Lisa Finstrom, a currency analyst with Smith Barney Inc. in New York.

In late New York trading, the dollar was quoted at 84.63 Japanese yen, up from 84.04 late Monday. It was also was changing hands at 1.4085 German marks, up from 1.4023.

Exchange Currency in Dollars Dollar in foreign curency Canada .7230 1.3831 France .2023 4.9440 Germany .7110 1.4065 Great Britain 1.5935 .6275 Italy .000604 1657.00 Japan .011827 84.55 Mexico .162602 6.1500