Dollar Rises Vs. Most Currencies

The dollar, already on the rise Monday against most major currencies, got a lift when President Clinton forcefully denied having an affair with a former White House intern.

The dollar rose in early trading because of remarks by a German central banker amid speculation that the United States might become engaged militarily with Iraq over continued squabbling about weapons inspectors.

But Clinton’s brief morning denial, broadcast live by major media, gave the dollar a kick that kept it climbing.

“The main factor is that world capital markets regained confidence in U.S. capital markets today,” said Jeremy Fand, a foreign exchange specialist at Bank of Boston in Boston.

Currency in Dollar in Exchange Dollars foreign currency

Canada .6899 1.4495 France .1663 6.0143 Germany .5569 1.7956 Great Britain 1.6551 .6042 Italy .000565 1771.00 Japan .007883 126.85 Mexico .120817 8.2770