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

Dollar Falls Vs. Yen

The dollar fell to a nearly four-week low against the yen Monday after Japan reported a surge in its June trade surplus, resurrecting concern that the U.S. currency’s strength is hurting American exporters.

But the dollar recovered from an early selloff vs. the mark and ended higher vs. the pound, helped by British economic data that showed unexpected manufacturing weakness.

The British data at least temporarily dampened market expectations that the Bank of England will raise interest rates at its policymaking meeting this Thursday.

Exchange Currency in Dollars Dollar in foreign currency

Canada .7264 1.3767

France .1693 5.9056

Germany .5707 1.7521

Great Britain 1.6886 .5922

Italy .000586 1706.00

Japan .008868 112.77

Mexico .126247 7.9210