71.   The puts give Readers Digest the option to sell foreign currencies for dollars at a specified rate.

72.   The record May trade gap hurt the dollar because the currency must be sold to pay for the excess of imports.

73.   The trade gap dropped as foreigners bought a record amount of U.S. goods, selling their currencies and using dollars to pay for them.

74.   The trades involved currency forwards, or contracts to buy or sell currencies at a predetermined price on a future date.

75.   The United States and Japan today reaffirmed their commitment to cooperate by buying and selling currencies in foreign exchange markets.

76.   Then they sell the currency they receive in those transactions for yen.

77.   These let an investor sell the currency at a predetermined price for a set period of time, no matter how low it trades on the open market.

78.   These are receiving deposits, buying and selling currency, loaning money, issuing notes, and discounting and negotiating promissory notes.

79.   To bring profits home, Japanese companies must sell foreign currencies they earn abroad for yen.

80.   Traders said Japanese exporters sold foreign currencies for yen to bring profits home.