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

Dollar Falls Against Mark, Yen

The dollar finished lower against the German mark Wednesday, pulled down by weakness in U.S. bond and stock markets and a report that a Federal Reserve official said the dollar had reached its highs for now.

Caution ahead of today’s meeting of the Bundesbank’s policy-making Central Bank Council, which raised rates last week, also weighed on the dollar.

Speculation of an interest rate hike in Switzerland contributed to the dollar’s weakness in Europe.

Currency in Dollar in Exchange Dollars foreign currency

Canada .7185 1.3918 France .1670 5.9877 Germany .5597 1.7868 Great Britain 1.6329 .6124 Italy .000574 1742.50 Japan .008271 120.90 Mexico .129550 7.7190