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EMPLOYEES OF A MANILA MONEY CHANGER SIT IN FRONT OF THEIR SHOP, 1998-01-09 (photo)

IMAGE number
REU8256288
Image title
EMPLOYEES OF A MANILA MONEY CHANGER SIT IN FRONT OF THEIR SHOP, 1998-01-09 (photo)
Auto-translated text View Original Source
Photographer
Romeo Ranoco
Medium
photograph
Date
1998 AD (C20th AD)
Shooting Date
1998-01-09
Image description

Employees of a Manila money changer sit in front of their shop January 9 after police closed it down. Manila city officials said they planned to shut about 130 money changers, accusing them of hoarding dollars and so contributing to the decline of the Philippine peso. The currency has tumbled more than 40 percent since the Asian financial crisis erupted last July. PHILIPPINES PESO CHANGERS

Photo credit
REUTERS/Romeo Ranoco / Bridgeman Images
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