21. Dealers attributed the drop to dollar demand by corporates for loan payments. 22. Dealers attributed the fall in rates to ample money supply, as cash withdrawn during the Chinese New Year festival last month continues to return to the system. 23. Dealers attributed the sharp decline in the baht to a continued slide by neighbouring currencies which they saw as an uncontrollable factor. 24. Foreign currency dealers also attributed the weakening of the rupiah yesterday to the high demand by local companies to cover their dollar debts. 25. Most dealers attributed the weakening rupiah to the high demand for dollars from local corporate borrowers in order to repay their debts. 26. Some dealers also attributed the gains in the main index to suspected Indonesian government buying due to a Cabinet reshuffle. 27. The Mexican peso fell to a new record low against the dollar Friday, a decline dealers attributed to a surge of speculative demand for the U.S. currency. 28. A dealer attributed the weakness in the rand to the release late Thursday of worse-than-expected money supply figures. 29. Dealers attributed the buying interest to recent rating upgrades as well as a more positive economic outlook. 30. Dealers attributed the decline to the drop in net profits and a general weakness in share prices in Saudi Arabia due to speculation. |