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Late Dollar Rates

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BUSINESS
August 3, 1988 | Associated Press
The dollar rose Tuesday against most major currencies after the government released a triple dose of strong economic data, including a report forecasting solid growth for the rest of the year. Gold prices slipped, however. Republic National Bank of New York quoted a bid for gold at $431.50 an ounce as of 4 p.m. EDT, down $3 from late Monday.
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BUSINESS
June 30, 1988 | Associated Press
The dollar finished mostly higher against foreign currencies in U.S. trading Wednesday despite a late selloff incited by rumors of aggressive central bank intervention, currency brokers said. Gold prices eased further in New York after falling sharply in Europe. Republic National Bank's late quote for bullion was $435.30 an ounce, down from $437.20 Tuesday.
BUSINESS
June 22, 1988 | Associated Press
The dollar was narrowly lower against most major foreign currencies Tuesday amid expectations that European interest rates would rise. Gold prices were mixed. Republic National Bank of New York quoted a bid of $451.70 for an ounce of gold as of 4 p.m. EDT, up from $450.70 late Monday. "We're looking at the possibility that some of the European Common Market countries may be raising their interest rates," said Jack Barbanel, a first vice president with Gruntal & Co.
BUSINESS
February 24, 1988 | Associated Press
The dollar was mostly lower after a session of choppy trading Tuesday. Gold prices also fell. Republic National Bank of New York quoted a late bid price for gold of $441.50 an ounce, down $2.75 from Monday's late bid. Analysts said the dollar gained some strength from reports of congressional testimony by Federal Reserve Board Chairman Alan S. Greenspan early in the session, reversing overnight losses.
BUSINESS
February 6, 1988 | Associated Press
The dollar rebounded sharply against most key currencies in active domestic trading Friday after the government released its January unemployment report. Gold prices slumped as a result of the dollar's strength. Republic National Bank of New York quoted a late bid for gold of $440.50 an ounce, down $4.50 from Thursday. Traders said there was a rush to buy dollars following the jobless report, although some said the U.S. currency had been poised to rise regardless.
BUSINESS
February 27, 1988 | Associated Press
The dollar slipped Friday against most major currencies in quiet trading on the world's foreign exchange markets. Gold prices resumed their recent decline in New York, falling to their lowest level since April, 1987, in moderate volume. Republic National Bank of New York quoted a late bid price for gold of $429.50 an ounce, down from $433 late Thursday. The dollar slipped in Asia and Europe, reflecting lingering disappointment over Thursday's report that the U.S. economy expanded at a 4.
BUSINESS
February 26, 1988 | Associated Press
The dollar turned in a narrowly mixed performance Thursday on the world's foreign exchange markets, slipping against major currencies in U.S. trading after edging up against most of them in dealings in Europe. Gold prices edged up in New York after falling sharply in Europe. Republic National Bank of New York quoted a late bid price for gold of $433 an ounce, up 20 cents from Wednesday's late bid. The dollar rose in Europe on expectations that the U.S.
BUSINESS
February 9, 1988 | Associated Press
The dollar slipped fractionally lower against most major currencies in quiet trading Monday while gold prices were mixed. Republic National Bank of New York quoted a bid of $440 for an ounce of gold as of 4 p.m. EST, down 50 cents from Friday's late price. Analysts said currency trading was dominated by technical factors, although the dollar did strengthen briefly on reported comments by Federal Reserve Board Governor H. Robert Heller and Treasury Secretary James A. Baker III.
BUSINESS
April 13, 1988 | Associated Press
The dollar rose in quiet trading Tuesday as foreign exchange markets waited for a key finance ministers' meeting and the release of U.S. trade deficit figures. Gold prices were mixed. Republic National Bank of New York quoted a late bid of $450.20 for an ounce of gold, down 50 cents from $450.70 on Monday. Traders said there was little foreign exchange activity in advance of today's meeting of finance ministers from the seven major industrialized countries and the release Thursday of U.S.
BUSINESS
April 7, 1988 | Associated Press
The dollar continued its ascent against most major currencies Wednesday on rumors of more dollar buying by the Bank of Japan and a possible multinational accord to support the U.S. currency. Gold and silver prices fell in reaction to the dollar's strength. Republic National Bank of New York said gold was bid at $448.25 an ounce as of 4 p.m. EDT, down from $452.65 late Tuesday.
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