Dollar Gets Boost From Stocks

The dollar rose against most major currencies Tuesday as U.S. stock and bond markets rallied and Germany’s central bank declined to raise a key short-term interest rate.

The gains were slim as dollar traders found little direction other than a lift provided by the U.S. stock market’s second straight day of recovery from Friday’s sell-off.

“We are firmly in the grips of summer markets,” said Bob Near, a vice president at Bank of New York.

Exchange Currency in Dollars Dollar in foreign currency

Canada .7172 1.3943

France .1612 6.2022

Germany .5438 1.8388

Great Britain 1.6054 .6229

Italy .000557 1793.80

Japan .008460 118.21

Mexico .128916 7.7570