21.   The Asian crisis last October forced the government to take harsh measures to protect its currency.

22.   The Bangko Sentral ng Pilipinas battle to protect the currency, its second in as many months may not be over yet.

23.   The measures were also intended to protect the currency, the Czech crown, from further speculative pressure.

24.   The Mexican government, swimming in debt, lowered the official exchange rate and announced it would not protect its currency from falling against the dollar.

25.   There, the government raised interest rates and slashed spending to protect the currency.

26.   Usually, Canadian rates follow the U.S. in order to protect the currency.

27.   While a plausible approach is to expand the safety net that protects the currencies of the industrial powers, such safeguards are often oversold.

28.   At that time the Greek drachma came under pressure and the ASE suffered heavy losses, forcing the central bank to raise interest rates to protect the currency.

29.   But if the dollar does not recover, the Fed may be forced to tighten further to protect the currency, analysts warned.

30.   But the increase was seen as a defensive and half-hearted move to protect the currency, and only invited more speculation against the Canadian dollar, traders said.