Dollar Can’t Make Up Losses

Tue., Feb. 13, 1996

The dollar rallied on gains in U.S. stock and bond markets Monday, but the advance wasn’t enough to overcome earlier losses amid a broad strengthening of the German mark.

Despite its late afternoon rise during the U.S. session, the dollar concluded the day lower against the mark and the Japanese yen.

By 4 p.m. in New York, the dollar was trading at 1.4764 marks, down from 1.4872 on Friday. It finished at 106.80 yen, compared with 107.05 on Friday.

Currency Dollar in Exchange in Dollars foreign currency

Canada .7294 1.3710 France .1972 5.0720 Germany .6773 1.4764 Great Britain 1.5290 .6540 Italy .000636 1572.00 Japan .009363 106.80 Mexico .132935 7.5225

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Dollar Can’t Make Up Losses

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