11.   Stocks fell as the peso continued to weaken against the dollar.

12.   Such efforts will be undercut if the peso continues to slide.

13.   Yesterday, Central Bank President Carlos Massad said he expected the peso to continue to rise against the dollar, fueled by rising export revenue and foreign investment.

14.   A trader with a local bank said the peso was continuing to take its cue from the yen because of a lack of direction in the domestic currency market.

15.   A trader said he believes the peso will continue to strengthen over the coming days.

16.   Among other steps, the peso will continue to be allowed to float freely against the dollar, despite its precipitous decline since December, Ortiz said.

17.   Dealers said the peso continued to sink in early transactions because of skepticism over whether the peso stabilization plan could calm volatility in the currency market.

18.   Dealers expected the peso to continue to track other regional currencies.

19.   In currency trading, the peso continued to appreciate despite volatility in other Southeast Asian currencies triggered by falls in the Indonesian rupiah.

20.   Meanwhile, the peso continued its slight gain against the U.S. dollar.