11. The Philippine peso hit record lows against the dollar recently. 12. The Philippine peso hit another record low in heavy morning trading Wednesday, weighed down by demand for dollars from investors losing confidence in Southeast Asian currencies. 13. The peso hit its weakest level in history Tuesday despite efforts by the central bank to support the currency by limiting money in circulation. 14. Trading was suspended twice as the weakening peso hit volatility limits. 15. The peso hit that level late Friday in New York. |