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The Spokesman-Review Newspaper
Spokane, Washington  Est. May 19, 1883

Dollar Ends Mostly Higher

The dollar hit another 8-year high against the mark Monday and rose in most other currency dealings, buoyed by forecasts of further gains and diminished chances of higher German interest rates.

Weaker-than-expected industrial output data from Germany and expectations that German July unemployment data due Wednesday would show more jobless people persuaded currency traders that recent speculation of a rate increase by the Bundesbank was overdone.

Exchange Currency in Dollars Dollar in foreign currency

Canada .7255 1.3784

France .1588 6.2955

Germany .5358 1.8664

Great Britain 1.6303 .6134

Italy .000547 1827.00

Japan .008450 118.35

Mexico .128123 7.8050