Dollar Hits 7-Month High Vs. Mark

Fri., April 3, 1998

The dollar hit another seven-month high against the German mark Thursday but ended lower against the yen after hitting its second 12-week high this week against the Japanese currency.

The dollar’s rise against the mark came as a German central banker spoke negatively against European monetary union. The dollar’s fall against the yen came on fears of central bank intervention.

The dollar dipped slightly against the yen after the release of the quarterly Tankan report, a survey of business sentiment in Japan. Investors already factored in the bad news the survey revealed.

Exchange Currency in Dollars Dollar in foreign currency

Canada .7043 1.4198

France .1610 6.2120

Germany .5393 1.8543

Great Britain 1.6633 .6012

Italy .000547 1828.00

Japan .007491 133.50

Mexico .117454 8.5140

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 Hits 7-Month High Vs. Mark

Jesse Tinsley

Jim Meehan

Molly Quinn

Rob Curley

Federal gas tax holiday sees growing support amid pain at the pump

U.S. colleges report 20% drop in foreign students over visa clampdown

Florida pastors outraged by Christian leader’s defense of golden Trump statue