Dollar Rebounds Against Mark
The dollar rose against the mark Tuesday after Germany’s six leading economic research groups lowered their economic forecasts for this year.
The U.S. currency gained against the yen after Japan’s finance minister suggested the Group of Seven industrial nations will not initiate a new foreign-exchange policy to temper the dollar’s recent strength.
A rally in U.S. stock and bond markets also lifted the dollar Tuesday afternoon.
Exchange Currency in Dollars Dollar in foreign currency Canada .7168 1.3950 France .1727 5.7905 Germany .5826 1.7163 Great Britain 1.6343 .6119 Italy .000584 1711.50 Japan .007923 126.21 Mexico .127914 7.8620