Dollar Continues To Strengthen

Fri., Sept. 13, 1996

The dollar rose further against most key currencies Thursday, strengthening as U.S. stock and bond markets rallied and a senior Bundesbank official suggested German interest rates could fall.

A Labor Department report of surprisingly weak wholesale inflation in August initially pressured the dollar, as traders sold on the belief the Federal Reserve may not raise interest rates at its Sept. 24 meeting.

But dollar buyers quickly stepped in after the Producer Price Index was released, reflecting strong demand for the currency.

Exchange Currency in Dollars Dollar in foreign currency Canada .7292 1.3714 France .1938 5.1601 Germany .6612 1.5125 Great Britain 1.5545 .6433 Italy .000657 1521.20 Japan .009074 110.20 Mexico .132644 7.5390

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 Continues To Strengthen

Jesse Tinsley

Jim Meehan

Molly Quinn

Rob Curley

Abraham Foxman, influential leader of Anti-Defamation League, dies at 86

Gun ammunition that derailed Frontier flight at Denver airport belonged to law enforcement, airline says

President says Iran ceasefire is 'on life support' as hopes for a deal fade