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Dollar Sags as Bundesbank Sells In Frankfurt Market
In early trading the dollar fell against the mark as the Bundesbank offered dollars at a bargain price and then allowed a free rate. Speculators, who had poured billions into marks, stayed on the sidelines awaiting a larger profit, while officials described the market as fluid and unsettled.
MENTIONED IN THIS ARTICLE
Frankfurt
Ilo Dollar Sags
Bundesbank
Karl Schiller
West Germany
Ulrich Hoerstel
Hoerstel
Louisiana