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View Full Version : Sell Philippine Peso 3-Month Forwards, Standard Chartered Says - Bloomberg



NewsWhore
03-02-2009, 12:00 AM
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Sell Philippine Peso 3-Month Forwards, Standard Chartered Says (http://news.google.com/news/url?sa=T&ct=us/1-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601087%26sid%3DaXxOqjgyHqdM%26refer%3Dhome&cid=0&ei=gGirSaClA5GHmQe1uNGLDw&usg=AFQjCNEXik0m5dQMJQl7_l8-Oy0QjAcg7Q)
Bloomberg
By Patricia Lui March 2 (Bloomberg) -- Investors should sell Philippine peso offshore forwards due in three months as the currency’s decline against the dollar may accelerate on sliding remittances and exports, according to Standard Chartered Plc. The ...


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