1. Although the Japanese balance-of-trade surplus is falling, it remains positive and thus bolsters the currency. 2. Bank stocks rose as the dollar strengthened and investors said concern is easing that the Bank of Canada may have to raise interest rates to bolster the currency. 3. Brazil nearly doubled base interest rates in October in an effort to attract funds and bolster its currency, the real. 4. A chief way a central bank can bolster a currency is through a rate rise, which increases the allure of bank deposits and bonds denominated in that currency. 5. A chief way a central bank can bolster a currency is through a rate rise which increases the allure of bank deposits and bonds denominated in that currency. 6. A jump in German factory orders in March, reported today, also bolstered the currency. 7. A rise in interest rates often bolsters a currency as investors shift their money seeking higher returns on deposits. 8. Brazil rebounded after the government said it would cut deficit spending, which would bolster its currency. 9. Government officials hoped higher rates would attract foreign money and bolster the currency. 10. Government officials have hoped higher interest rates would attract foreign capital, bolstering the currency. |