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View Full Version : Philippine Remittances May Drop in 2009 as Recession Cuts Jobs - Bloomberg



NewsWhore
10-13-2008, 12:10 AM
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Philippine Remittances May Drop in 2009 as Recession Cuts Jobs (http://news.google.com/news/url?sa=T&ct=us/3-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601080%26sid%3Daq3LKieeTJVg%26refer%3Dasia&cid=1256960028&ei=Zb3ySOzeN4Gi9gTSxZjGBw&usg=AFQjCNEuwgdaNk2Au3g6-1EhV-cI-qX_Qw)
Bloomberg - 36 minutes ago
So far, the central bank can only lend in the local currency. Some Philippine banks have also increased dollar deposits to Bangko Sentral ng Pilipinas as ...


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