Dollar Rallies Sharply Again

The dollar surpassed 118 yen Monday for the first time in nearly four years and hit new 2-1/2-year highs against the mark and Swiss franc after Japanese and German officials implied the U.S. currency could rise further.

A slumping Japanese stock market and broad weakness in the mark against other European currencies also contributed indirectly to the strength in the dollar, building on its strong advance Friday.

Currency in Dollar in Exchange Dollars foreign currency

Canada .7471 1.3385 France .1711 5.8445 Germany .6149 1.6264 Great Britain 1.6622 .6016 Italy .000635 1574.00 Japan .008470 118.06 Mexico .128320 7.7930