ABC Evening News for Tuesday, Dec 29, 1987
View other clips in this broadcast →
Material supplied by VTNA may be used for educational analysis or research only. Any editing, reproduction, publication, rebroadcast, public showing or public display may be prohibited by copyright laws.
(Studio: Peter Jennings) United States plan to help Mexico pay off huge national debt. reported; impact of weak dollar valuation on United States and world reported Report introduced.
(London, England: Mike Lee) Dropping of dollar on international market against British pound, West German mark and Japanese yen reported; details given, scenes shown. White House reassurance on dollar noted. [Barclays Bank representative Brian KAY - says needs to see results from US.] Impact of dollar's decline on European industry income detailed. [KAY - discusses dollar.]
(Los Angeles, California: Sheilah Kast) Position of administration on dollar reported; stmt. by White House spokesperson Marlin Fitzwater calling for stability of dollar noted. [Merrill Lynch spokesperson Don. STRASZHEIM - describes administration policy on dollar.] [Econ. Michael EVANS - remains skeptical with regard to administration's stmts. on dollar.] Impact of falling dollar on United States prods. and on imports detailed. Issue of Federal Reserve Bd.'s role with regard to interest rates mentioned. [STRASZHEIM - discusses relationship of interest rates and dollar.] Complexities of issue reiterated.
Note to sponsor members: The Vanderbilt Television News Archive video player requires a modern operating system and browser to work properly. If you are experiencing playback problems, check the minimum requirements and adjust your setup accordingly. After adjustments, if you continue to experience problems, please contact us.
Welcome! Above is the abstract of the item that you're interested in viewing from the Vanderbilt Television News Archive's collection. You have three options if you'd like to view this item:
If you believe that you are associated with a sponsoring college or university and have received this message in error, please let us know.