dollar area

noun

1. those countries among which trade is conducted in U.S. dollars or in freely convertible currencies.

Word History and Origins

Origin of dollar area¹

First recorded in 1945–50

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.

From Reuters

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.

From Reuters

It jumped 0.7% on Thursday - its best day since July - pushing the yen back down toward the key 150.00 per dollar area.

From Reuters

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.

From Reuters

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.

From Reuters