31. Thailand devalued its currency, the baht, after it came under speculative attack in July.
32. Thailand was forced to devalue its currency, the baht, after it came under speculative attack in early July.
33. Such steps would include measures aimed at warding off any speculative attack on the Chilean peso, he said.
34. The baht first came under speculative attack in late January and early February.
35. The Brazilian real also weakened against the U.S. dollar on the speculation about banks and brokerages and on concern over a possible speculative attack and capital flight.
36. The central bank has been the biggest seller of dollars this month as it tried to defend the peso from speculative attacks.
37. The commission report also warned of speculative attacks against currencies that will be swapped for the single currency in the period leading up to locking of exchange rates.
38. The central bank has been the biggest dollar-seller this month as it tried to defend the peso from speculative attacks.
39. The move reassured investors in Latin America that the government planned to defend its currency, the real, against speculative attacks.
40. The overnight rate has been its main weapon in fighting off speculative attacks on the peso, since higher rates make peso-denominated investments more attractive.