31.   They also expressed concern that if the peso continued to fall, lending rates would again be destabilized.

32.   They said they expect the peso to continue to depreciate gradually until a few days after the elections.

33.   Traders expect the peso to continue to depreciate in coming days, noting that banks were buying dollars.

34.   Traders said demand for dollars came solely from commercial banks speculating that the peso will continue to follow the trend of the ailing rupiah.

35.   Traders said they expect the peso to continue to appreciate because of positive sentiment toward Southeast Asian currencies.

36.   Traders expect the peso to continue to appreciate with the strengthening of the yen.

37.   Traders expect the peso to continue to depreciate as pressure is exerted on the yen because of Japanese upper house parliamentary elections this weekend.

38.   Traders expect the peso to continue to depreciate until banks are able to completely square off their currency positions.

39.   Traders said there was no telling how far the peso will continue to fall.

40.   Traders expect the peso to continue to appreciate as more payments for purchases made on the Philippine Stock Exchange are likely to enter the system in coming days.