41. Central banks had not intervened to support the dollar and this had also encouraged selling. 42. Dealers said that during the day the Bank of Italy might intervene to support the lira or might even increase interest rates. 43. Dealers said that this implied that the ruble would continue to fall and also showed that the central bank had been intervening to support the currency. 44. Dealers said the rand had rebounded from historic lows after the central Reserve Bank intervened to support the local unit. 45. Dealers wondered if Japanese authorities might intervene to support the yen. 46. Dealers said that the Bank of Portugal had also intervened to support the escudo, and the peseta was close a record low point. 47. Earlier in Tokyo trading, the central Bank of Japan intervened to support the greenback, which had opened lower. 48. Fears that Japan might intervene to support the yen also pushed the dollar down against the Japanese currency. 49. The Spanish central bank intervened to support the peseta against the mark on Wednesday, dealers said. 50. The Russian central bank intervened to support the ruble. |