Tue, 15 Oct 1996

U.S. dollar trades firmer across Europe

LONDON (UPI): The U.S. dollar was trading slightly firmer across Europe yesterday morning, with trade expected to be quiet due to a public holiday in the United States.

In London, the U.S. currency was quoted at 1.5305 German marks, up on the previous finish of 1.5293. The dollar traded at 111.60 Japanese yen from the previous finish of 111.62.

Sterling was being quoted at 2.4173 German marks from its previous finish of 2.4186 marks. The pound opened at US$1.5797, up from the previous close of $1.5757.

In Frankfurt, the dollar opened at 1.5310 German marks, up from the previous close of 1.5295.

In Zurich, the dollar opened at 1.2540 Swiss francs, unchanged from the previous close.

In Paris, the dollar opened at 5.1810 French francs, up from the previous close of 5.1735.

In Brussels, the dollar opened at 31.53 Belgian francs, down from the previous close of 31.54.

The Italian lira rate was unavailable.

In Tokyo, the dollar closed at 111.62 Japanese yen, up from the previous close of 111.37.

In Singapore, the dollar closed at S$1.4090, up from the previous close at 1.4087.

In Hong Kong, the dollar closed at HK$7.7325, unchanged from the previous close.

Gold opened at US$381.25 an ounce in Zurich, up from the previous close at $381.00, while in London it started trading at $381.00, unchanged from the previous close. In Hong Kong, gold closed at US$381.25, down from the previous close at $382.05.

Silver opened at $5.05 in Zurich, up from the previous close at $5.02, while in London it opened at $5.05, unchanged from the previous close.