Home / World Business
Sun, Sep 09, 2001 - Page 10　News List

Dollar declines against the yen

CURRENCY Increasing unemployment in the US and ongoing bearishness on Wall Street motivated traders to sell greenbacks

BLOOMBERG , NEW YORK

"People are increasingly concerned whether the Fed cuts will be effective," said Sinche.

The dollar also fell against the British pound to US$1.461 per pound from US$1.4571, and against the Swiss franc to SF1.6737 from 1.6880. It rose against the Canadian dollar to C$1.5655 from C$1.5576.

This story has been viewed 3966 times.
TOP top