Dollar Falls Vs. Key Currencies

The dollar fell against other major currencies Thursday, slipping against the yen after Japan’s ruling party announced plans to pour $124 billion into the country’s ailing economy.

The U.S. currency also dropped vs. the British pound after the governor of the Bank of England warned of risks surrounding Europe’s planned common currency.

In addition, the dollar fell against the mark as traders anticipated that the German currency will strengthen.

The dollar fell against the yen in early trading after Japan’s ruling party unveiled what would be the largest economic stimulus package in the country’s history. But the yen’s gains were limited by confusion over details of the plan.

Exchange Currency in Dollars Dollar in foreign currency Canada .7096 1.4093 France .1639 6.1014 Germany .5497 1.8192 Great Britain 1.6872 .5927 Italy .000557 1794.00 Japan .007795 128.29 Mexico .117509 8.5100