Mark’s Weakness Boosts Dollar
The German mark’s continued weakness worldwide boosted the dollar against the leading European currency Tuesday, hovering around recent highs, although the greenback ended mixed against major currencies.
The dollar ended barely higher against the yen, although the Japanese currency initially strengthened at the expense of the mark.
As of 4 p.m. in New York, the dollar traded at 1.5212 marks, up from 1.5168 at the same time Monday. The dollar also nudged up to 106.67 yen in late New York trading from 106.65 yen Monday.
Currency in Dollar in Exchange Dollars foreign dollars
Canada .7342 1.3621 France .1947 5.1360 Germany .6574 1.5212 Great Britain 1.5165 .6594 Italy .000644 1553.25 Japan .009375 106.67 Mexico .135953 7.4100