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MEW YORK. Aug 7: The Dollar fell against other major currencies and traded below 136 Yen in a quiet market Tuesday after the Federal Reserve lowered interest rates, reports AFP.

The Green Back traded at 1.7075 German Marics against 1.7185 late Monday, 135.50 Yen against 136.70 5.8080 French Francs against 5.8470. at 0.5828 Pounds Sterling against 0.5847 and at 1.4915 Swiss Francs against 1.4975.

Gold moved up slightly In lete trading to 356.70 dollars an ounce against 356.20 Dollars.

The Dollar was already weak in early trading and slackened further when the Federal Reserve lowered Interest rates a quarter of a point to 5.50 per cent.