It was "beat the dollar" week all around the world. Even sharply higher interest rates in the U.S. could not stop the drubbing of the dollar, which fell against the yen and the mark. The currency woes overshadowed good news in earnings and takeovers. In the U.S. equity markets, big- and mid-cap stocks finished the week little changed. Yields of three-month Treasury bills climbed over 4%, reflecting concerns over the economy's strength.
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