Arrow-right Camera

The Spokesman-Review Newspaper The Spokesman-Review

Saturday, May 30, 2020  Spokane, Washington  Est. May 19, 1883
Partly Cloudy Night 71° Partly Cloudy
News >  Nation/World

Job Data Drives Dollar Down

The dollar touched another 3-1/2-year high against the mark Thursday before retreating to end mostly lower on surprisingly weak U.S. jobs data and selling ahead of the three-day July 4 weekend. The pound surged for the fourth straight day.

Traders said the British currency was likely to keep strengthening on the widening expectations that interest rates in Britain must rise, perhaps as early as the Bank of England’s policy-making meeting next Thursday, to thwart inflationary pressure in Britain’s vibrant economy. Rising rates tend to enhance a currency’s value.

Exchange Currency in Dollars Dollar in foreign currency

Canada .7283 1.3730

France .1693 5.9055

Germany .5703 1.7535

Great Britain 1.6906 .5915

Italy .000587 1705.00

Japan .008787 113.80

Mexico .125770 7.9510

Subscribe to the Coronavirus newsletter

Get the day’s latest Coronavirus news delivered to your inbox by subscribing to our newsletter.


Asking the right questions of your CBD company

Bluegrass Hemp Oil in Spokane Valley offers a variety of products that can be very effective for helping with some health conditions. (Courtesy BHO)
Sponsored

If you are like most CBD (cannabidiol) curious consumers, you’ve heard CBD can help with many ailments.