Dollar Surges In Broad Rally

The dollar hit a 2-year high against the mark and rose in most other currency trading Wednesday, deriving strength from Boris Yeltsin’s worsened health and speculation that Germany might lower interest rates.

The advance in the dollar came a day before Germany reports its unemployment rate for December, which traders said might be much worse than expected.

The policy-making council of the Bundesbank, Germany’s central bank also meets today in its first session of the year.

Exchange Currency in Dollars Dollar in foreign currency

Canada .7400 1.3513

France .1879 5.3215

Germany .6352 1.5743

Great Britain 1.6877 .5925

Italy .000649 1542.00

Japan .008639 115.76

Mexico .127926 7.8170

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