Dollar Hits 11-Week High Vs. Yen

The dollar hit an 11-week high against the yen Tuesday but fell vs. the mark for the first time in six days after a top German government economist predicted central banks would halt the mark’s slide.

The dollar ended mixed in other currency dealings.

The remarks by Rolf Peffekoven, a member of German Chancellor Helmut Kohl’s independent council of economic advisers, provided a reason for traders to take some profits on the dollar’s 5.5 percent gain on the mark since July 1.

Exchange Currency in Dollars Dollar in foreign currency Canada .7221 1.3848 France .1615 6.1915 Germany .5445 1.8367 Great Britain 1.6239 .6158 Italy .000559 1790.00 Japan .008444 118.43 Mexico .128634 7.7740