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The Spokesman-Review Newspaper
Spokane, Washington  Est. May 19, 1883

Dollar Weakens, Except Vs. Yen

The dollar hit a five-week high against the yen but ended mostly weaker Wednesday, reflecting sales by traders securing profits from the U.S. currency’s strength before heading into the long Easter weekend.

Broad yen weakness, an upward revision in German economic data and a sharp rise in the pound also indirectly contributed to the dollar’s retreat, halting its most recent advance from higher U.S. interest rates.

On Tuesday, the Federal Reserve raised rates for the first time in more than two years.

Exchange Currency in Dollars Dollar in foreign currency Canada .7279 1.3738 France .1756 5.6945 Germany .5918 1.6898 Great Britain 1.6287 .6140 Italy .000594 1684.00 Japan .008057 124.12 Mexico .126743 7.8900