NBC Evening News for Tuesday, Aug 15, 1978
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) Report on continued problems for United States dollar on international money mkts.
REPORTER: David Brinkley
(London, England) Effects of dollar devaluation in Europe outlined; tourists' problems in exchange rates and views of international bankers described. [WOMAN - wants to change dollars for British pounds.] [2nd WOMAN - asks what's happening in US.] [National Westminster Bank spokesperson Bill BATT - discusses extent of problems in world trade.] Reasons for dollar's insecurity listed.
REPORTER: Garrick Utley
(DC) Effects of dollar devaluation on United States economy detailed. Purchases of for. prods., especially oil, noted. For. dollar holders' trades of dollars for currencies like Japanese yen, German mark and Swiss franc reported Incrs. in for. car prices, like Toyota and Datsun, giving United States mfrs. excuse for increase in own prices stated; increase in Chevrolet Chevette since fall cited. Admin. outlook for inflation control reported.
REPORTER: Irving R. Levine