Dollar Falls As Mark Rebounds

Tue., March 11, 1997

The dollar fell against most currencies Monday, weakening on signs of higher inflation pressure in Japan and fresh anxieties about a possible delay in Europe’s single currency, which strengthened the mark.

Comments by Klaus-Dieter Kuehbacher, a senior official of Germany’s Bundesbank, expressing worry over the dollar’s rapid appreciation against the mark also contributed to the U.S. currency’s retreat.

But traders said the underlying forces that have propelled the dollar higher - U.S. economic vibrancy and the prospect of higher American interest rates - remained unchanged.

Exchange Currency in Dollars Dollar in foreign currency Canada .7294 1.3710 France .1742 5.7390 Germany .5875 1.7020 Great Britain 1.6033 .6237 Italy .000592 1690.00 Japan .008222 121.63 Mexico .125739 7.9530

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 Falls As Mark Rebounds

Jesse Tinsley

Jim Meehan

Molly Quinn

Rob Curley

A year after ‘Liberation Day,’ what did Trump’s tariffs achieve?

Updated: Analysis: Trump speech on Iran war, recent remarks on oil, NATO, daycare costs land with a thud

Iranians reel from US-Israeli attacks on civilian infrastructure