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Sun, Nov 18, 2001 - Page 10　News List

Dollar has best week in seven against the yen

CURRENCY MARKETS Signs of a recovery in the US economy, coupled with optimism that the war in Afghanistan may be nearing an end, spurred traders to buy greenbacks this week

BLOOMBERG , NEW YORK

In coming weeks, traders said they'll be focusing on earnings reports from Japanese banks to gauge how much the institutions' stock holdings have fallen in value in recent months, which could erode the banks' finances.

The US dollar strngthened to US$1.4272 per British pound from US$1.4320, and fell to SF1.6574 from SF1.6613.

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