• Short Summary

    The United States dollar made a moderate recovery on the Tokyo Foreign Exchange Market on Wednesday (6 June), ending a four-day downward trend which reflected the dollar's weakness in European currency dealings.

  • Description

    The United States dollar made a moderate recovery on the Tokyo Foreign Exchange Market on Wednesday (6 June), ending a four-day downward trend which reflected the dollar's weakness in European currency dealings.

    The dollar also improved in European currency exchanges on Wednesday amid growing hopes of an imminent announcement by President Nixon of measures to deal with inflation in the United States.

    At Wednesday's close, the dollar was valued at 263.80 yen. This compared with Tuesday's close of 262.48 yen -- the second lowest level for the U.S. dollar since the start of the current system of floating exchange rates.

  • Tags

  • Data

    Film ID:
    VLVAXXFFW7Z59105ZSX19D08MJKS
    Media URN:
    VLVAXXFFW7Z59105ZSX19D08MJKS
    Group:
    Reuters - Source to be Verified
    Archive:
    Reuters
    Issue Date:
    07/06/1973
    Sound:
    Unknown
    HD Format:
    Available on request
    Stock:
    Colour
    Duration:
    00:01:04:00
    Time in/Out:
    /
    Canister:
    N/A

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