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dollar area
noun
- those countries among which trade is conducted in U.S. dollars or in freely convertible currencies.
51Թ History and Origins
Origin of dollar area1
Example Sentences
Cekov said the yen likely needs to be around the 155 per dollar area for Japanese authorities to consider intervention or to talk the currency up.
Nordea's Cekov said the yen likely needs to be around the 155 per dollar area for Japanese authorities to consider intervention or to talk the currency up.
It jumped 0.7% on Thursday - its best day since July - pushing the yen back down toward the key 150.00 per dollar area.
Japanese authorities seem less willing to intervene to support than they were last year when the yen was at these levels, but a further decline toward the 150 per dollar area could change their thinking.
Currency markets are also on intervention watch from Japanese authorities, with the yen falling through the 145 per dollar area and anchored around its weakest level against the euro since 2008.
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