$US falls
NZPA-Reuter London The dollar fell sharply in hectic trading on European foreign exchanges on Monday as last week’s downward trend continued unabated.
All major European currencies made gains against the dollar, but dealers said trading was concentrated in the Swiss franc and Japanese yen, which hit a two-year high against the American currency.
Dealers said they saw few factors supporting the dollar in the short-term and expected the yen, long established in the 233 to 235 range against the dollar, to make more gains.
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Press, 7 March 1984, Page 27
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86$US falls Press, 7 March 1984, Page 27
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