Dollar Drops Against Mark, Yen

Thu., Aug. 1, 1996

The dollar fell to a 4-1/2-month low against the mark and 2-1/2-month low against the yen Wednesday, hurt by growing evidence of U.S. economic softness and fears that the currency’s 1996 strength has peaked.

The dollar also was hurt by a surprise interest rate reduction in Australia, boosting demand for yen, and a statement by Switzerland’s central bank that the Swiss franc was overvalued, boosting demand for marks.

Currency Dollar in Exchange in Dollars foreign currency

Canada .7277 1.3742 France .2005 4.9880 Germany .6793 1.4721 Great Britain 1.5554 .6429 Italy .000658 1520.21 Japan .009366 106.77 Mexico .131891 7.5820

Local journalism is essential.

Give directly to The Spokesman-Review's Northwest Passages community forums series -- which helps to offset the costs of several reporter and editor positions at the newspaper -- by using the easy options below. Gifts processed in this system are tax deductible.

Meet Our Journalists

Jesse Tinsley

Meet Jesse Tinsley. As a certified drone pilot, this veteran Spokesman-Review photographer often can be seen capturing beautiful aerial photographs of our region. Sometimes though, the job requires getting down with the dogs.
Jim Meehan

Jim Meehan is no stranger to Zag Nation. As the lead writer covering the Gonzaga men’s basketball team, he tells the stories behind the game and gets fans a bit closer to their favorite players.
Molly Quinn

There is no artist in Spokane like Molly Quinn. Her whimsical style is instantly recognizable to readers of The Spokesman-Review. She has painted gorgeous illustrations that instantly elevate the journalism accompanying it. She brings to life the stories that defy photography. She makes our pages better.
Rob Curley

Spokesman-Review editor Rob Curley loves to talk with people and learn about their lives, whether it's a best-selling author or a stranger he meets downtown on his walk to lunch. It's that inquisitive nature combined with a playful sense of storytelling that helps make our newspaper different than most.

Dollar Drops Against Mark, Yen

Jesse Tinsley

Jim Meehan

Molly Quinn

Rob Curley

Updated: Trump escalates threats to bomb Iran’s power plants after rescue

Updated: Chinese researcher dies after alleged questioning by feds

U.S. rescues airman as Trump, Israel pressure Iran ahead of deadline