The phrase "acquire dollars" is correct and usable in written English.
It can be used in contexts related to obtaining or earning money, particularly in financial or business discussions.
Example: "In order to fund the new project, we need to acquire dollars through various investment strategies."
Alternatives: "earn money" or "obtain funds".
Thus foreign buyers must first acquire dollars to buy bullion.
Foreigners could acquire dollars only if the United States ran current account deficits — that is, spent more than it earned.
What about the other aspect of this, the interlocking of our financial systems through America's trade deficit and China being willing to acquire dollars and keep them, and so on?
Their action would reduce the supply of sterling, since they would be selling sterling for gold to the British authorities, and increase the supply of dollars, since they would acquire dollars in exchange for gold from the U.S. authorities.
The Federal Reserve's move on Wednesday to make it easier for European banks to acquire dollars shows that American policy makers understand the gravity of Europe's turmoil and will do what they can to prevent a financial collapse across the Atlantic.
The swap facilities have allowed these central banks to acquire dollars from the Federal Reserve to lend to banks in their jurisdictions, which has served to ease conditions in dollar funding markets globally.
"By acquiring dollars for use in their domestic economies, dollarizing countries would be extending an interest-free loan to the United States," Treasury Secretary Lawrence H. Summers told the Senate Banking Committee last year.
Mr. Hildebrand, the magazine said, acquired dollars before the Swiss National Bank, the central bank, announced measures in September to check the rise of the franc and protect Swiss exporters.
Asian countries want to keep their exports cheap to support rapid growth and are in consequence happy to keep acquiring dollars indefinitely.
The nature of the market is as follows: In the ordinary course of affairs, an Italian, for example, acquiring dollars—say from exports or from a legacy would sell these dollars for his own currency.
The acquired dollars are then turned into Treasury paper.
