Dollar Rises Against Yen, Mark

Fri., July 3, 1998

The dollar rose against the Japanese yen Thursday after traders found no surprises in Japan’s highly anticipated plan to revitalize its ailing banking sector.

The U.S. currency also rose vs. the German mark after a German central bank official predicted that his country’s interest rates would be stable.

Japan said it would assume control over banks burdened with bad loans and gradually shut them down, responding to criticism that it has not strongly addressed banks’ huge debt problems. But currency traders erased gains earned by the yen this week.

Exchange Currency in Dollars Dollar in foreign currency

Canada .6813 1.4677

France .1638 6.1035

Germany .5493 1.8205

Great Britain 1.6562 .6038

Italy .000558 1793.00

Japan .007093 140.99

Mexico .111669 8.9550

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 Rises Against Yen, Mark

Jesse Tinsley

Jim Meehan

Molly Quinn

Rob Curley

Chicago Mayor Brandon Johnson invites Pope Leo XIV to officiate mass in Grant Park

Judge declines to block parts of Trump mail voting order, for now

Global warming likely to exceed 1.5C through 2030, WMO says