111.   The US dollar recovered slightly on better economic news Thursday but remained mired at near record lows, as Japan blamed Washington for failing to support its currency.

112.   This strategy has got indirect support from Chancellor Helmut Kohl who on Thursday called on the United States to support its currency.

113.   Last week it had spent about one billion dollars in supporting the currency.

114.   Rerngchai said he believed an improving economic outlook and cuts in government spending announced this week would help support the currency.

115.   Rerngchai told reporters he believed an improving economic outlook and cuts in government spending announced this week would help support the currency.

116.   Some technical details, such as the extent of the new margins and the problem of interventions to support particular currencies, remain to be settled.

117.   The Bank of Italy has intervened several times over the past few days to support the currency against the mark, but with no lasting success.

118.   The Bank of Spain might have intervened to support the currency, he added.

119.   The agreement provides the two banks will lend one another US treasury bills which they can sell to support their currencies, should these come under speculative attack.

120.   The currency was supported by Japanese importers, he said, dismissing the possibility of a major impact on the Japanese economy.