61.   It also cuts into earnings of exporters when dollars are converted to the Japanese currency.

62.   Koji Asano, senior manager of the foreign exchange department at Fuji Bank, said yen-buying enthusiasm remained strong, especially among Japanese exporters converting their dollars.

63.   Shares of exporters, such as NEC and Toyota, fell amid concern that foreign earnings will erode when weaker dollars are converted into yen.

64.   Smugglers convert the dollars into other currencies, or deposit them in Caribbean banks, invest in businesses or buy houses, boats, art and other valuables.

65.   This scheme will encourage the corporate sector and individuals to convert their dollars to the local currency as it covers their risk.

66.   A firm dollar helps the stock market because it translates into higher export earnings when dollars are converted into marks.