Dollar Continues To Decline
LEAD: The dollar continued to lose ground to the Japanese yen and other major currencies yesterday, although the Bank of Japan and Federal Reserve reportedly moved again to support it.
On this day
Revisit the music, news, notable people, and historical moments connected to this date.
Portrait 1080 × 1920 PNG · created on your device
LEAD: The dollar continued to lose ground to the Japanese yen and other major currencies yesterday, although the Bank of Japan and Federal Reserve reportedly moved again to support it.
LEAD: Pact May Allow Exotic Arms The treaty on medium- and shorter-range missiles may allow each side to field futuristic arms, a Senate report says. Page A3. Israel Agrees on Inquiry The Israeli Government, ending a year of negotiations, says it will cooperate with the special prosecutor in the Iran-contra affair.
LEAD: Soon after WPP Group acquired Lord, Geller, Federico, Einstein last July, Richard J. Lord, the agency's chairman and chief executive, approached Young & Rubicam about buying his firm or providing financing so that its managers could buy it, according to papers filed yesterday in State Supreme Court.
LEAD: Panamanian troops and plainclothesmen swept into a luxury hotel in the capital tonight, seizing opposition supporters and more than a dozen journalists, five of them Americans.
LEAD: Japanese leaders today rejected United States demands that they remove all quotas on beef and citrus imports, but they left the door open for possible concessions as negotiations with Washington reached a conclusive phase.
Music on My Birthday
The Top 50 albums for the chart week of March 23, 1988, covering March 29, 1988.
Soundtrack
George Michael
Michael Jackson
INXS
Tiffany
1988Maurice Blackburn, Canadian composer and conductor (born 1914)[†]
Joseph Albert Maurice Blackburn was a Canadian composer, conductor, sound editor for film, and builder of string instruments. He is known for his soundtracks for animated film.

1988Ted Kluszewski, American baseball player and coach (born 1924)[†]
Theodore Bernard Kluszewski, nicknamed "Big Klu", was an American professional baseball player, best known as a power-hitting first baseman for the Cincinnati Reds teams of the 1950s. He played from 1947 through 1961 with four teams in Major League Baseball (MLB), spending 11 of those 15 seasons with the Reds, and became famous for his bulging biceps and mammoth home runs.
In 1988, the world population was approximately 5,141,992,542 people[†]