U.S. dollar falls in Tokyo
' NZPA-Reuter Tokyo The United States dollar ;fell to 218.15 yen on the .Tokyo foreign exchange market on Wednesday, re- ' fleeting disappointment at 'President Carter’s speech on anti-inflation steps, which did not contain any significant measures to defend the dollar.
The dollar for overnight delivery, opened at 218.20 yen, down on Tuesday’s closing price of 219.10 yen. After falling to 218.15 yen, compared with its post-war record low of 218.00 yen on April 3, the dollar recovered to 218.50 yen on importcovering, dealers said.
In an address to the American Society of Newspaper Editors, President Carter hit at the salaries of civil servants in a new antiinflation campaign involving voluntary wage and price restraint.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/CHP19780413.2.164
Bibliographic details
Press, 13 April 1978, Page 21
Word Count
118U.S. dollar falls in Tokyo Press, 13 April 1978, Page 21
Using This Item
Stuff Ltd is the copyright owner for the Press. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Copyright in all Footrot Flats cartoons is owned by Diogenes Designs Ltd. The National Library has been granted permission to digitise these cartoons and make them available online as part of this digitised version of the Press. You can search, browse, and print Footrot Flats cartoons for research and personal study only. Permission must be obtained from Diogenes Designs Ltd for any other use.
Acknowledgements
This newspaper was digitised in partnership with Christchurch City Libraries.
Log in