81. To defend their currencies from speculators, central banks across the region have raised interest rates. 82. To defend the currency at its newly devalued level, Brazil will probably have to keep interest rates extremely high for the near future. 83. To defend the currency, the bank was forced to raise interest rates to levels that put a sharp squeeze on many heavily-indebted Thai companies. 84. Today, the baht rallied to biggest gain against the dollar as Thai officials drove up short-term rates and appealed for international support to defend its currency. 85. Today, the baht rallied to its biggest gain against the dollar as Thai officials drove up short-term rates and appealed for international support to defend their currency. 86. True, many have large foreign-exchange reserves that can be used to defend their currencies. 87. To defend the currency, the bank was forced to raise interest rates to levels that put a sharp squeeze on many heavily indebted Thai companies. 88. Unlike Argentina and Brazil, Chile is not dependent on short-term foreign investments to defend its currency. 89. Yonhap News Agency said as part of effort to stabilize the financial market, the government will announce today it will actively intervene to defend the currency. 90. Yesterday, the Brazilian government moved to defend its currency by nearly doubling its prime lending rate and buying reais. |