31.   Since Thailand devalued the baht, the Philippine peso, the Malaysian ringgit and the Indonesian rupiah have declined against the dollar.

32.   Southeast Asian currencies fell, with the Indonesian rupiah and Thai baht tumbling on concerns political interests will hamper reforms needed to shore up confidence in their economies.

33.   Speculative pressures quickly forced down the Philippine peso, the Malaysian ringgit, the Indonesian rupiah and even the mighty Singapore dollar.

34.   Still, the Singapore dollar has soared versus the Indonesian rupiah and the Malaysian ringgit.

35.   Stocks across Asia tumbled as the Indonesian rupiah lost as much as a third of its value against the dollar.

36.   Southeast Asian currencies were mixed, with the Indonesian rupiah and Singapore dollar strengthening while the Malaysian ringgit and Thai baht fell.

37.   That could land bolder investors in debt denominated in South African rand, Indonesian rupiah, Chinese renminbi or Argentine pesos.

38.   The baht has lost half its value since then and the Indonesian rupiah two-thirds.

39.   The currencies in Thailand, Malaysia and the Philippines joined the Indonesian rupiah in plunging to record lows, pulling stock prices down with them.

40.   The continued fall in the Indonesian rupiah also weighed on the yen, fueling concern about the Asian economic meltdown, Sato and others said.