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View Full Version : Philippine Rate Cuts May Fail to Curb Yields as Deficit Widens - Bloomberg



NewsWhore
11-19-2008, 12:20 AM
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Philippine Rate Cuts May Fail to Curb Yields as Deficit Widens (http://news.google.com/news/url?sa=T&ct=us/3-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601080%26sid%3Dax3umEKJzvKk%26refer%3Dasia&cid=0&ei=DJYjSb_UM5T6NbbGmb8B&usg=AFQjCNG99hrOCYHozHW0mta0_SXE8e0Y8Q)
Bloomberg - 1 hour ago
The peso&#39;s 17 percent drop against the dollar this year ``could inflate&#39;&#39; Philippine foreign-currency obligations and worsen the nation&#39;s debt profile, ...


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