31.   Japanese companies sell dollars they earn abroad for yen to repatriate profits.

32.   Japanese exporters may decide to play it safe and repatriate their profits into yen before the summit begins, he said.

33.   So the drug traffickers are faced with the thorny challenge of physically repatriating their profits.

34.   Still, a guaranteed exchange rate and a method for foreigners to repatriate profits will remove hurdles to investing in the bills.

35.   That could send the dollar higher, because Japanese businesses will have fewer dollars to sell for yen when repatriating profits.

36.   That means Japanese exporters are sitting on a mountain of dollars earned abroad that they must convert into yen to repatriate profits.

37.   The dollar fell against the yen after an overnight surge as Japanese automakers, electronics manufacturers and other exporters repatriated overseas profits into the Japanese currency, traders said.

38.   The dollar pared some gains after Japanese exporters, such as automakers and electronics manufacturers, sold dollars to repatriate profits, traders said.

39.   The stronger dollar discourages foreign investors from buying yen-denominated securities because they lose money when they convert their investments to repatriate their profits.

40.   The trade deficit hurts the dollar by putting a hoard of dollars into the hands of foreign exporters who sell them for their own currency when repatriating profits.