Dollar sinks again

Tuesday 12 July 1994 00:02 BST

Comments

Your support helps us to tell the story

From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.

At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.

The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.

Your support makes all the difference.

CURRENCY markets greeted the end of the G7 summit in Naples by marking the dollar down to its lowest level against the German mark since October 1992.

Dealers said the reaction was a sign of the financial markets' lack of confidence in President Clinton's administration. Mr Clinton has repeatedly said the US economy is fundamentally sound, and implied that he is not concerned about the dollar's weakness.

Join our commenting forum

Join thought-provoking conversations, follow other Independent readers and see their replies

Comments

Stay up to date with notifications from The Independent

Thank you for registering

Dollar sinks again

Bookmark popover

Join our commenting forum

Thank you for registering