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

Dollar Mixed Amid Light Trading

Associated Press

The dollar slipped against the Japanese yen again Friday as Japanese stocks rose amid renewed confidence that authorities are planning additional measures to aid their ailing economy.

Since last month, Japanese officials have been adding to a stimulus plan aimed at reviving an ailing economy.

Overall, the dollar was mixed as it rose against the German mark among signs that Germany’s weak economy was continuing. Trading was light ahead of the three-day holiday weekend ending with the observance of Martin Luther King Jr.’s birthday on Monday.

In New York trading, the dollar was quoted at 129.30 yen, down from 129.81 late Thursday. The U.S. currency also settled at 1.8336 marks, up from 1.8318.