Currencies bounce back

Currencies bounce back

There was a mild bounce back by currencies hit by the flight to the German mark on Monday. The dollar closed in London up half a pfennig at 1.3873 and the pound strengthened by half a pfennig to close at 2.1925. The French franc improved two centimes against the mark to 3.5080. The dollar ended the day in London just above 100 yen. - Bloomberg