1.   Analysts say, though, that a discount rate cut may not come until September when the bank has accumulated more evidence the economy is slowing.

2.   As U.S. banks accumulate enormous franchises through consolidation, smaller banks are under pressure to get bigger so they can remain independent or to seek a buyer.

3.   As U.S. banks accumulate enormous franchises through consolidation, smaller banks are under pressure to get bigger so they can remain independent or seek a buyer.

4.   The bank is also accumulating dollars to boost reserves and pay off forward obligations in foreign exchange markets.

5.   Traders said losses by other Southeast Asian currencies, particularly the Indonesian rupiah, caused banks to accumulate dollars in morning trading.