November 11, 1997 in Nation/World

Dollar Hits 10-Month Low Vs. Pound

 

The dollar Monday dropped to a 10-month low against the British pound and a 5-1.2-month low vs. the Swiss franc, but inched to a second straight six-month high against the Japanese yen as traders turned to safer currencies amid Asia’s economic turmoil.

The dollar finished essentially flat against the German mark as both currencies rose against the yen, but neither posted a significant gain.

Exchange Currency in Dollars Dollar in foreign currency

Canada .7108 1.4069

France .1750 5.7155

Germany .5856 1.7077

Great Britain 1.6961 .5896

Italy .000598 1672.75

Japan .008039 124.40

Mexico .120192 8.3200

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