1. As investors trickle back in, the theory is, interest rates can fall and the currency will gradually strengthen. 2. As the currency strengthened, stocks rose. 3. Financial analysts said that if Indonesia vigorously pursued the agreed-to reforms, the hope was that investor confidence would return and the currency would strengthen. 4. In theory, exporters suffer when their domestic currency strengthens because they pay more to produce their goods relative to foreign competitors and receive less back from foreign buyers. 5. Lai said that Asian countries do not want their own currencies to strengthen because it erodes the competitiveness of their exports. 6. Rarely would they offer to pay more if their currency strengthened, increasing their buying power. 7. Since then, however, the currency has strengthened as international pressure on the government of President Suharto has increased. 8. Soon after it was introduced, the currency strengthened against the dollar. 9. Swiss companies get fewer francs for their income abroad when the Swiss currency strengthens against other currencies. 10. The Afghan currency strengthened on news of his expected return, and vendors selling calendars with his image were doing a bustling business. |