Investors Flee Dollar For Franc

The dollar narrowly slid against most major currencies Monday as investors turned to the Swiss franc for safety amid questions about Boris Yeltsin’s health just ahead of the Russian runoff election.

The greenback ended lower against the German mark and Japanese yen during listless, vacation-thinned trading before the long Fourth of July holiday.

Monday’s transactions occurred as investors awaited not only the Russian election, but also the U.S. Federal Reserve meeting beginning Tuesday and U.S. employment data due on Friday.

Exchange Currency in Dollars Dollar in foreign currency Canada .7331 1.3640 France .1942 5.1490 Germany .6588 1.5180 Great Britain 1.5570 .6423 Italy .000653 1532.00 Japan .009128 109.55 Mexico .131752 7.5900