Quarterly currency focus
Article Abstract:
A quarterly report of several currencies is presented. The value of the US dollar rose between Feb 1991 and Apr 1991, after reaching lows against European currencies on Feb 11, 1991. In terms of the deutsche mark (DM), the dollar spent the month of May between slightly less than DM1.70/$ and DM1.75/$, and it is expected to spend most of the second half of 1991 around DM1.80s/$. Both the DM and the yen (Y) were stable during May 1991, with the yen remaining at approximately Y138/$ during the entire month. The pound sterling depreciated against the dollar during the spring of 1991 and is expected to drop to $1.60/pound. Analyses of other major currencies, including the French franc, Spanish peseta, Canadian dollar, South African rand, Yugoslav dinar, and Mexican peso, are presented.
Publication Name: Multinational Business
Subject: Business, international
ISSN: 0300-3922
Year: 1991
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US dollar - beginning to ease with monetary policy
Article Abstract:
The dollar's trend towards appreciating in value against major foreign currencies has subsided in the midsummer quarter of 1989. The slowdown in US economic growth weakened the dollar's value in late June and July after a strong appreciation against major currencies in May and early June. The appreciation of the dollar was stronger against the yen and sterling, currencies which are plagued by domestic political and economic problems, than against the Deutsche mark. The dollar, after a period of appreciation against the DM to DM2.03/$ on June 14 dropped to the level DM1.80s/$, the exchange rate of May. Projected continued slow growth of the US economy will push down interest rates and cause moderate depreciation in the dollar, to the level of DM1.70s/$.
Publication Name: Multinational Business
Subject: Business, international
ISSN: 0300-3922
Year: 1989
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Quarterly currency focus
Article Abstract:
An analysis of exchange rates from late May 1990 through early Sep 1990 is presented. The US dollar was generally weak throughout summer 1990, with a consistent decrease in value against most currencies. The yen, the peseta, the Canadian dollar, and the Australian dollar became stronger during the summer, while the deutsche mark (DM) remained neutral. Both the pound and the franc appreciated against the DM. The Venezuelan bolivar's depreciation against the dollar in early Aug was followed by an appreciation in value.
Publication Name: Multinational Business
Subject: Business, international
ISSN: 0300-3922
Year: 1990
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