Dollar Slips Against Mark

Wed., May 3, 1995

The dollar weakened against the mark and other key European currencies Tuesday, hurt by uncertainty over U.S.-Japanese trade talks and political anxieties in France that increased demand for the German currency.

The dollar ended marginally higher against the yen in U.S. trading, but currency dealers said the volume of dealings was so light that it was difficult to attribute the dollar’s behavior vs. the yen to any particular cause. A holiday-shortened week in Japan and Europe suppressed the level of transactions.

By late afternoon in New York the dollar fetched 1.3777 marks, down from 1.3905 at the same time Monday. The dollar also fetched 83.60 yen, up from 83.50 yen late Monday.

Exchange Currency in Dollars Dollar in foreign currency Canada .7365 1.3578 France .2033 4.9180 Germany .7256 1.3782 Great Britain 1.6130 .6200 Italy .000602 1662.00 Japan .011960 83.61 Mexico .169205 5.9100

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Dollar Slips Against Mark

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