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

Dollar Hits Record High Vs. Peso

The dollar briefly touched a new three-year high against the mark Wednesday and reached an all-time high against the Mexican peso but ended slightly lower in most foreign-exchange dealings.

Traders attributed the retreat to increased U.S.-Japan trade tension and the renewed prospect of rising Japanese interest rates.

Another factor cited was profit-taking in advance of the German unemployment data for February to be released today and U.S. unemployment data to be released Friday.

Exchange Currency in Dollars Dollar in foreign currency

Canada .7307 1.3685

France .1732 5.7750

Germany .5841 1.7121

Great Britain 1.6137 .6197

Italy .000587 1704.75

Japan .008250 121.21

Mexico .124922 8.0050