1. A flurry of positive reports on the strength of the Mexican economy has also buoyed the peso in past days. 2. A sharp decline in Philippine Treasury bill yields also buoyed the peso by tempering demand for dollars, traders said. 3. Comments by a Japanese monetary official during the session that the Bank of Japan would take action to prevent an excessively weak yen helped buoy the peso. 4. Dealers said the peso was buoyed by dollar inflows and a psychological cap placed by the central bank on the value of the U.S. currency. 5. Dealers said the peso was buoyed by slack corporate demand for the U.S. dollar. 6. Dealers said the peso was buoyed by the continued entry of stock investments from overseas. 7. Hopes of a cut in U.S. interest rates, meanwhile, helped buoy the peso, as foreign funds are expected to be diverted into regional financial markets. 8. In currency trading, dealers said the peso was buoyed by weak demand for dollars and quiet Southeast Asian currency markets. 9. In currency trading, dealers said the peso was buoyed by weak demand for dollars and relatively quiet Southeast Asian currency markets. 10. In currency trading, dealers said the peso was buoyed by slack corporate demand for the U.S. dollar and generally steady Southeast Asian currencies. |