61. The fresh wave of downgrades by the US rating agency prompted a steep fall in banking share prices. 62. The lower overnight close on Wall Street and steep fall in Tokyo were partly responsible for the weakness in our market. 63. The limits, which require cooling-off periods when breached, failed Tuesday to stop a steep fall in the peso. 64. The social unrest and the steep fall in the Indonesian rupiah which pulled the ringgit yesterday further dampened sentiments on the local bourse. 65. The steep falls in regional currencies since a financial crisis gripped East Asia in July has made the dollar prohibitively expensive for most businesses. 66. The steep fall found echoes in other Asian markets as hopes were dashed of a quick recovery for regional economies. 67. The steep fall in currencies, shaky stock market and loss of investor confidence is likely to make the group more cohesive, the ASEAN official said. 68. The steep fall in currencies has also shaken stock markets and investor confidence in the region. 69. The U.S. dollar rose against the yen early Monday on a Japanese central bank report showing a steep fall in business sentiment. 70. The Wall Street term applies to just a modest rebound from a steep fall. |