21.   In recent months, the Thai baht and the Philippine peso have been devalued, sparking speculation the ringgit may be next in line.

22.   In recent months, the Thai baht and the Philippine peso have been devalued.

23.   In the wake of the devaluation of the Thai baht, Southeast Asian currencies -- especially the Philippine peso and the Malaysian ringgit -- have weakened.

24.   Indonesia widened the intervention band for the rupiah, moving to raise the stakes for currency speculators who have forced a devaluation of the Thai baht and Philippine peso.

25.   Instead of Brady bonds, Balboa said he prefers treasury bills denominated in Egyptian pounds, Turkish lira, Romanian leu, Thai baht and Bulgarian lev.

26.   Investors have been steadily taking money out of Pacific Rim funds since the Thai baht devaluation.

27.   Latin America was a favorite of emerging market investors last year until currencies in Asia came under intense pressure, beginning with the Thai baht last July.

28.   Like the Thai baht and Malaysian ringgit, WorldCom stock, so useful in previous acquisitions, has been a declining currency.

29.   Many Asian currencies, including the Korean won, the Thai baht and the Philippine peso and the Indonesian rupiah all fell to historic lows against the dollar.

30.   Meantime, the Indonesian rupiah, Thai baht and Philippine peso plunged to record lows.