The phrase "acquired dollars" is correct and usable in written English.
It can be used in contexts discussing money that has been obtained or earned, often in financial or economic discussions.
Example: "The company's acquired dollars from the recent investment will be reinvested into new projects."
Alternatives: "earned money" or "gained funds".
"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.
Foreigners could acquire dollars only if the United States ran current account deficits — that is, spent more than it earned.
Asian countries want to keep their exports cheap to support rapid growth and are in consequence happy to keep acquiring dollars indefinitely.
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 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 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.
They are growing like weeds, their finances have never been better, theyre acquiring dollars, their currencies are strong and they sell at a discount on P/E, he says.
Such a scenario was found to be reminiscent of deviations from CIRP during the 1990s driven by struggling Japanese banks which looked toward foreign exchange swap markets to try and acquire dollars to bolster their creditworthiness.
