Dollar Dives to Record Low Against Yen in Tokyo Trade
In Tokyo trading the dollar collapsed below 143 yen amid heavy Japanese central bank intervention and a weaker U.S. stance after James Baker downplayed urgency to bolster the dollar. Traders cited a lack of concrete measures from a Washington meeting of seven major economies and warned of ongoing dollar weakness.
MENTIONED IN THIS ARTICLE
Tokyo
International Monetary
Japan
U.S
U.S. Treasury
James Baker
International Monetary Fund
Baker
United States
Bank of Japan
Hajime Tamura
Finance ministers fail to agree on trade and debt agenda
IMF spring meeting ends without new initiatives on trade or world debt as seven major powers push for stronger policy coordination at the Venice summit. Dollar weakness persists amid market disappointment. Baker proposes bolder global economic coordination during talks. Wholesale prices rise 0.4 percent in March led by food costs, with fresh vegetables up 21 percent from February.
MENTIONED IN THIS ARTICLE
Washington
Venice
International Monetary Funch
United States
Japan
West Germany
Britain
France
Canada
Italy
H. Onno Ruding
IMF
Treasury
James A. Baker Tit
Tokyo
Lorain National Ira
GWE
Also Mentioned on This Page
New York
NYSE
Mobil
Allume
Monsan
HAY Ty AimMot
At&t
Paném
Boeing
Bristo
Pepsic S
RIR Nbi
RalsPur
Schimb
Ly Sears
SouthCo
SunMn Sterlig
DeltaAr
Thaly
SupMk
Digital S
Wu Wil
Tandy
Disney
Dome G. Behc
Wy DumRs
HUIS
A.m
DowCh
Pierre R. Smith & Co. duPont
DulPh N
Exxon
Allied Corporation
Fednm
GABA
al Alliet
American Standard
Central Bancorp
GnCorp
CPC Inter
Emerson
Fruehauf First Bancorp TY GenRess
Goodrich GaPac
Gillet
Keclam
Lesco Inc
Hewl Pk
Nordson Alte
Northern Savings
Houlnd
Ohio Edison
Parker Hannifin
Smucker
IBM
Ls Woolworth Flw
York International Ne Sa
Kidron Livestock
Idron
Kidron
Lorain National
BANK
IRL
Elyria
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!