1. Also depressing the currency is concern that the yen could gain when Rubin discusses the U.S. trade gap with Japanese officials tomorrow in Tokyo. 2. And government officials said Jakarta recognizes that backsliding from this IMF agreement will further depress its currency and scare off foreign investors. 3. Political instability in a country often depresses its currency. 4. That could further depress regional currencies. 5. The currency was depressed by higher-than-expected two-week inflation and a smaller December trade surplus than analysts had foreseen. 6. The dollar recovered today after the Swiss National Bank acted to depress its currency. 7. Since then, heavy speculative selling of pesos has depressed the currency by more than a third. 8. They say a rate rise would be badly received on American stock and bond markets and hence would depress the currency. 9. Sterling gained a tad against most other major currencies but remained at low levels as the British political situation continued to depress the currency, traders said. 10. The Berlusconi case will depress the currency, he said. |