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Dollar rises with U.S. stocks and bonds

NEW ORK -- The dollar rose Thursday, spurred by a strong showing in U.S. stocks and bonds and comments by Federal Reserve Chairman Alan Greenspan that the Asian currency crisis would have only a moderate effect on the United States. The Dow Jones industrial average, which finally erased its new year's point-fall on Wednesday, furthered its return by another 50 points. Meanwhile, bond prices rose, sending their yields in the opposite direction.

http://chronicle.augusta.com/stories/1998/01/30/bus_221535.shtml
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