Dollar Lower In Light Trading

Tue., Dec. 29, 1998

The dollar fell against most major currencies Monday. Traders blamed a lack of liquidity caused by the annual year-end lull.

“Once again, the overriding theme for today is low liquidity,” said Robert Katz, a foreign exchange dealer at MTB Bank in New York. “It doesn’t take a whole lot of money to move the market today.”

The dollar gained some strength earlier in the day following news that U.S. tensions with Iraq had heated up. But the dollar failed to hold on to the gains.

There was no New York trading Friday because of the Christmas holiday.

Currency in Dollar in Exchange Dollars foreign currency

Canada .6444 1.5518 France .1778 5.6235 Germany .5963 1.6769 Great Britain 1.6750 .5970 Italy .000602 1660.00 Japan .008628 115.90 Mexico .101729 9.8300

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 Lower In Light Trading

Jesse Tinsley

Jim Meehan

Molly Quinn

Rob Curley

Trump says framework of Iran deal 'largely negotiated,' with provision to reopen strait

Tens of thousands march in Madrid to demand prime minister's resignation

Thousands evacuated around leaking chemical tank in California's Orange County: ‘It fails, or it blows up’