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The Spokesman-Review Newspaper
Spokane, Washington  Est. May 19, 1883

Dollar Recoups From Early Slump

The dollar recovered from an early sell-off to end mostly higher Thursday on stronger-than-expected U.S. economic data, more weakness in Europe and unfounded rumors of a coup in Thailand.

Traders also bought dollars ahead of the Labor Department’s report today on July unemployment, a sensitive barometer of interest rate and inflation trends.

The report was expected to show a continuation of the steady and noninflationary growth in the U.S. economy that has helped underpin the dollar for months.

Exchange Currency in Dollars Dollar in foreign currency

Canada .7255 1.3784

France .1613 6.1990

Germany .5440 1.8384

Great Britain 1.6420 .6090

Italy .000558 1793.00

Japan .008432 118.59

Mexico .128041 7.8100