71.   Although of much concern to APEC, the closing statement did not go into the economic upheaval that resulted after Mexico devalued its peso in December.

72.   Another option suggested by some economists would be devaluing the peso.

73.   Another option would be devaluing the peso.

74.   Argentine shares skyrocketed Thursday as investors, fearing continued civil unrest would force President Fernando de la Rua to devalue the peso, snapped up blue chips.

75.   As well as devaluing the peso, Argentina has also defaulted on its staggering debt.

76.   Banco de Mexico reserves dropped sharply and the peso was devalued twice toward the end of his administration.

77.   Buying was centered on locals using cash in partially frozen bank accounts to buy stocks amid concerns the government may devalue its peso.

78.   Central Bank Governor Gabriel Singson said there have been calls for monetary authorities to devalue the peso as a means of boosting international competitiveness.

79.   He denied that the IMF was pressuring the country to devalue the peso.

80.   He also warned that the pork barrel scheme will raise inflation levels and increase the pressured for the country top further devalue the peso.