× The Vanderbilt Television News Archive is currently closed to in-person research, but is still fulfilling loan requests. For the latest information about COVID-19 (coronavirus disease), visit vu.edu/coronavirus.
Search the Archive

Monetary Situation #459414

NBC Evening News for Thursday, Aug 19, 1971
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. For any such use, please visit NBC NEWS Archives XPRESS.

(Studio) European money mkts. to reopen Monday; France wants separate exchange rates for trade and speculation; West Germany wants European currencies floated against United States dollar.
REPORTER: John Chancellor

(Brussels, Belgium) Meeting of European cntrys. financial representatives attempting to reach agreement leading to adoption of single European currency; new US econ. policy serving to bring European cntrys. together.
REPORTER: Aline Saarinen

(Studio) United States dollars being traded in West Germany and Switzerland.
REPORTER: John Chancellor

(Zurich, Switzerland) Dollar holding firm in trading at Swiss banks; when European money mkts. reopen, dollar expected to rise at first, then slip back.
REPORTER: Douglas Kiker

(Studio) Canadian delegation going to Washington, DC to argue against 10% surcharge, currency exchanges in New York City running out of foreign money.
REPORTER: John Chancellor

(NYC) People going overseas exchanging currency before leaving out of fear dollars won't be accepted elsewhere; exchange rates down 10-15%.
REPORTER: Liz Trotta

(Studio) Japan has purchased $2 billion this week to keep from having to revalue yen upward; Japan Dow Jones average drops 500 points in 4 days.
REPORTER: John Chancellor

Chancellor, John;
Kiker, Douglas;
Saarinen, Aline;
Trotta, Liz

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:

  • You may request a loan of this video by registering on our website and placing an order.
  • You may visit the Television News Archive on the Vanderbilt campus to view on-site from the Archive's collection.
  • If you are associated with a college or university, you may ask your library if they would like to become a sponsor, which would give students and faculty at your institution the ability to view items from our collection.

If you believe that you are associated with a sponsoring college or university and have received this message in error, please let us know.