31. The depreciation of the Thai baht and the Philippine peso last month has eroded the export competitiveness of other countries in the Southeast Asian region, including Malaysia. 32. The explosions triggered a decline in the Philippine peso against the dollar and was expected to cause a dip in the stock market tomorrow, analysts said. 33. The Japanese finance minister was referring to recent sharp declines in the Thai baht, Indonesian rupiah and Philippine peso. 34. The Indonesian rupiah, the Thai baht and the Philippine peso all fell to record lows against the U.S. dollar. 35. The Indonesian rupiah, the Thai baht and the Philippine peso and, are all at record lows against the U.S. dollar. 36. The Malaysia ringgit steadied somewhat on Tuesday, but the Indonesian rupiah and Philippine peso dropped to new lows. 37. The Malaysian ringgit, the Indonesia rupiah and the Philippine peso all fell to record lows. 38. The Malaysian ringgit, Singapore dollar and Philippine peso all rallied. 39. The Indonesian rupiah, however, rose and the Philippine peso was little changed. 40. The local economy was so awash in American greenbacks recently that the floundering Philippine peso actually strengthened against the dollar in local banks. |