Dollar Loses Ground To Yen

Wed., Jan. 8, 1997

The dollar fell for the second straight day against the yen Tuesday after senior government officials in Japan intensified warnings about the yen’s weakness and called for currency stability.

Traders said the dollar also declined after Gail Fosler, chief economist for the influential Conference Board research group, said she believed the U.S. currency is 15 percent overvalued vs. the yen.

The dollar was little changed in most other foreign-exchange dealings.

Currency in Dollar in Exchange Dollars foreign currency

Canada .7373 1.3563 France .1893 5.2825 Germany .6394 1.5640 Great Britain 1.6941 .5903 Italy .000651 1535.50 Japan .008678 115.23 Mexico .127747 7.8280

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 Loses Ground To Yen

Jesse Tinsley

Jim Meehan

Molly Quinn

Rob Curley

Iran and U.S. agree to halt attacks and renew talks, Axios reports

U.S., Mexico inaugurate sterile fly plant in Chiapas in cross-border screwworm fight

Israel, Lebanon reach framework deal aiming to end conflict