1. In Hong Kong, monetary authorities again intervened to buy stocks. 2. It was the fourth time that the central bank has intervened buying dollars this year. 3. The central bank intervened to buy U.S. dollars in afternoon trading as the real strengthened too much, pushing against the mini-band limits. 4. Yesterday, the central bank intervened to buy U.S. dollars as the real strengthened too much, pushing against the mini-band limits. 5. But he did not specifically say that the U.S. and Japan would jointly intervene to buy dollars. 6. Italy and Spain built up reserves when their central banks intervened to buy dollars and German marks to support their national currencies. 7. On each occasion, the administration and its allies caught the market off guard by intervening to buy dollars while the U.S. currency was rising. 8. The Bank of Japan has intervened to buy the greenback several times in recent weeks to keep the yen from rising. 9. They said the Bank of Japan may intervene to buy dollars if the U.S. currency moves lower. 10. Traders said in addition to the dollar-buying by the Fed, the central banks of Germany and Japan also intervened to buy dollars Wednesday. |