11.   With the investment climate more favorable, foreign investment would be encouraged, further supporting the peso.

12.   A massive trade deficit then caused demand for dollars, forcing Mexico to dip into reserves to support the peso.

13.   A trader with a local bank said the peso was also supported by abating fears that inflation in May was rekindled by a recent increase in oil prices.

14.   A U.S. House of Representatives vote to suspend billions of dollars in financial aid to support the peso caught Mexico off guard Wednesday.

15.   After the end of trading, the central bank announced it will reduce mandatory bank liquidity reserves, which it recently boosted in an effort to support the peso.

16.   But the problem became a crisis last week when the government scrapped its policy of supporting the peso by purchasing the currency when its value fell too low.

17.   But traders said the peso was well supported as dollar demand from commercial clients has been minimal in the past few days.

18.   Dealers said the peso was supported by slack commercial demand for dollars and by relatively stable regional currencies.

19.   Dealers said the peso was supported by gains in Southeast Asian currencies led by the Thai baht, and by slack demand for dollars.

20.   Despite efforts by the Philippine central bank to support the peso by tightening the money supply, the currency hit its weakest level in history Tuesday.