71. Police and central bank agents have arrested three men accused of making fake U.S. dollars and Philippine pesos in the southern Philippines, an official said Friday. 72. A number of Asian currencies, including the Philippine peso and Hong Kong dollar, are linked to the greenback. 73. A second day of central bank intervention Thursday helped the Philippine peso strengthen from its previous-day record low despite heavy demand for dollars, traders said. 74. A sudden surge in demand for dollars sent the Philippine peso retreating Tuesday morning after early gains, traders said. 75. After hitting a series of new lows this week, the Philippine peso strengthened Thursday against the U.S. dollar, despite continued market volatility. 76. All hell broke loose when Malaysian ringgit, Indonesian rupiah and Philippine peso fell like dominos. 77. As a result, the Thai baht, Indonesian rupiah and Philippine peso hit all-time lows both Monday and Tuesday. 78. Banking officials decided Friday to change a new system of volatility limits for currency trading after the surging Philippine peso forced a trading shutdown for a second day. 79. Both the Philippine peso and stocks closed lower Monday, with traders tensely watching the combustible situation in Indonesia. |