51. The dollar slipped amid rumors that European central banks were selling dollars to adjust year-end reserve levels. 52. The Central Bank has intervened this year to defend the pound by selling dollars. 53. The RBI view was that selling dollars would not do the trick. 54. Traders said banks were selling dollars at a relatively higher rate as a defense in case the peso depreciates further. 55. Traders started selling dollars, which dropped sharply Friday against the Japanese yen and German mark, recovering against the mark. 56. What is important for Indonesia is that they would be selling dollars which would certainly be a plus point for the country as well as the economy. 57. When Americans buy more imported goods, merchants must get the foreign currency to buy those goods by selling dollars, driving its value down. 58. Banks will be barred from selling dollars, leaving the business entirely in the hands of foreign exchange centers, Argentine media reported Tuesday. 59. Since then it has continued to fall and there have been signs that the central bank has reduced the weight of its intervention by selling dollars. |