Dollar Mixed With Japanese Warning

The dollar was mixed against other major currencies Monday, falling vs. the Japanese yen after an influential official warned that Japan will support its currency in the open market if the yen weakens sharply.

The dollar rose against the German mark as traders sold marks for yen following the remarks by Japan’s vice finance minister for international affairs, Eisuke Sakakibara.

“We will take decisive steps to fend off excessive yen weakness,” Sakakibara said.

Currency in Dollar in Exchange Dollars foreign currency

Canada .6946 1.4396 France .1670 5.9870 Germany .5589 1.7893 Great Britain 1.6705 .5986 Italy .000568 1760.00 Japan .007734 129.30 Mexico .124023 8.0630