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A FILIPINO MONEY CHANGER COUNTS NOTES AS THE PESO HOVERS NEAR RECORD LOW, 2000-10-13 (photo)

IMAGE number
REU7871374
Image title
A FILIPINO MONEY CHANGER COUNTS NOTES AS THE PESO HOVERS NEAR RECORD LOW, 2000-10-13 (photo)
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Medium
photograph
Date
2000 AD (C20th AD)
Shooting Date
2000-10-13
Image description

A Filipino money changer counts notes while a hand-written sign shows conversion rates for the Philippine peso into U.S. dollars and Japanese yen October 13, 2000 in Manila. The peso was hovering around 48 to the U.S. dollar early on Friday despite the central bank's moves to raise bank liquidity reserve requirements and overnight lending rates. The currency fell to a record low of 48.50 to the dollar on October 12. RR/JD

Photo credit
REUTERS / Bridgeman Images
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