SUS and gold up
NZPA-AP [.New York The United Stati s dollar finished slightly higher against most "major 1 currencies on Friday tearly Saturday N.Z time’) in he same light trading that! characterised dealings throughout the week. Gold prices fell sharply. Republic National Bank of New York quoted a bid of 5L5449.50 for a troy ounce of gold, down from [51‘5454.65. Traders said inVe‘tors were concentrating their holdings in the so-called Jtig h-yieldirig currencies, ’including the British pound : The British Ipcund cost SCSI.BBBO in Lend in late on Friday, cheaper! lor buyers than late Thursday's 5U51.8990. In New York it cost SCSI .88405 11<- buy one pound, less 1 expens ve than its previous 5U51.8971.. Other late dollcr rates in New York. com[ ared with late Thursday's] orices. included: . 1.675715 deutsche marks, up from 1.66715: 1.38495 Swiss franrs. up from 1.37675; 5.6845 French francs, up from] 5.660 i; 1244.50 Italian lire, up from 1238.625. and 5Can1.23255. down from SCan 1.23505.
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Press, 26 April 1988, Page 37
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160SUS and gold up Press, 26 April 1988, Page 37
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