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A FILIPINA BANK TELLER COUNTS US CURRENCY IN MANILA, 1997-07-23 (photo)

IMAGE number
REU8114061
Image title
A FILIPINA BANK TELLER COUNTS US CURRENCY IN MANILA, 1997-07-23 (photo)
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Medium
photograph
Date
1997 AD (C20th AD)
Shooting Date
1997-07-23
Image description

A Filipina bank teller counts U.S. dollar bills at a Manila bank July 23. The Philippine Central Bank, still smarting from its surrender to currency speculators this month, tightened the noose on any locals trying again to toy with the currency. The central bank said it was limiting the amount of dollars onshore banks can hold and effectively barred them from selling dollars offshore in the non-deliverable forward (NDF) market, a derivatives market based in Singapore. PHILIPPINES PESO

Photo credit
REUTERS / Bridgeman Images
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