Dollar Rises Sharply Vs. Yen

Fri., Aug. 15, 1997

The dollar rose nearly 2 percent against the yen and advanced in most other foreign-exchange dealings Thursday on positive market reaction to benign U.S. inflation data.

The demand for dollars partly reversed the U.S. currency’s sharp drop the day before over concern about higher interest rates in Japan and Germany and reports suggesting a possible delay in Europe’s single currency plan.

But the dollar’s rebound against the mark was muted by the German currency’s own strength against the yen.

Currency in Dollar in Exchange Dollars foreign currency

Canada .7190 1.3909 France .1612 6.2040 Germany .5433 1.8407 Great Britain 1.5906 .6287 Italy .000556 1798.50 Japan .008497 117.94 Mexico .128949 7.7550

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 Rises Sharply Vs. Yen

Jesse Tinsley

Jim Meehan

Molly Quinn

Rob Curley

Updated: White House outlines plans for its new Wildland Fire Service ahead of burn season

Justice Dept. says the Presidential Records Act is unconstitutional

FEMA official says he teleported to Waffle House. Experts are dubious