1.   As the peso appreciates, the dollars, yen, riyals and lira they send home buy fewer pesos, cutting incomes of their families.

2.   All the same, the Chilean peso has appreciated for each of the last five years at least, over which time interest rates have risen and fallen.

3.   It gets replenished when global oil prices fall, the peso appreciates, or retail prices are raised.

4.   That means the peso has appreciated in real terms against the currencies of its major trading partners.

5.   Philippine Central Bank Governor Gabriel Singson said the balance of payments surplus is another indication that the peso will appreciate further.

6.   Corporate demand for dollars remained slack, with potential takers waiting for the peso to appreciate further against the U.S. currency, traders said.

7.   The Philippine peso appreciated sharply against the U.S. dollar Friday, extending recent gains on a raft of good news including the scrapping of a system of volatility limits.

8.   Traders expected the slack demand for dollars to continue to cause the peso to appreciate despite the uncertainty enveloping the rupiah.

9.   The Philippine peso has been appreciating against the dollar in recent weeks.