Philippine Peso Climbs as Central Bank Allows Gains; Bonds Rise – Bloomberg

Manila Informer

Philippine Peso Climbs as Central Bank Allows Gains; Bonds Rise
Bloomberg
Bangko Sentral ng Pilipinas Governor Amando Tetangco said in a speech in Manila today that the monetary authority would “take a pragmatic approach by allowing some appreciation in the exchange rate.” Currency gains and lower utility costs probably …

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