1.   Dealers said the peso was pressured by pent-up demand for dollars after the New Year recess and the declines in other regional currencies.

2.   Dealers said the peso was pressured by pent-up demand for dollars after the New Year recess and by the declines in other regional currencies.

3.   Dealers in Manila said short dollar covering triggered by the impact on regional currencies from the weaker yen and concerns over higher U.S. interest rates is pressuring the peso.

4.   Dealers in Manila said short dollar covering triggered by the impact on regional currencies from the weaker yen and concerns over higher U.S. interest rates were pressuring the peso.

5.   In currency trading, the peso was pressured by both the weaker Japanese yen and devaluation fears for the Chinese yuan and Hong Kong dollar.

6.   President Joseph Estrada and his Cabinet members have urged speculators to stop pressuring the peso, saying the government is ready to block attempts to attack the local currency.

7.   The cuts, announced before trading opened, briefly pressured the peso.

8.   The peso also was pressured by relatively heavy commercial demand for the U.S. dollar, dealers said.

9.   Traders said the peso was pressured by short-covering of the U.S. currency by some banks that were oversold in the dollar.