NewsWhore
03-05-2009, 05:50 PM
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Philippine Peso Shunned by Nikko, HSBC as Remittances Tumble (http://news.google.com/news/url?sa=T&ct=us/3-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601080%26sid%3DapyQKfKxi64w%26refer%3Dasia&cid=0&ei=1FewSa77J5Ck0QXO57j-Aw&usg=AFQjCNFVIHsmuVTJw78jNGrNJxWvYlapLQ)
Bloomberg
Paracuelles forecasts the currency will drop 4.6 percent to 51 per dollar by the end of September. HSBC expects an exchange rate of 53 by year-end, while Nikko Asset’s Ken Hirose says the currency will weaken beyond 50 within six months. ...
More... (http://news.google.com/news/url?sa=T&ct=us/3-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601080%26sid%3DapyQKfKxi64w%26refer%3Dasia&cid=0&ei=1FewSa77J5Ck0QXO57j-Aw&usg=AFQjCNFVIHsmuVTJw78jNGrNJxWvYlapLQ)
Philippine Peso Shunned by Nikko, HSBC as Remittances Tumble (http://news.google.com/news/url?sa=T&ct=us/3-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601080%26sid%3DapyQKfKxi64w%26refer%3Dasia&cid=0&ei=1FewSa77J5Ck0QXO57j-Aw&usg=AFQjCNFVIHsmuVTJw78jNGrNJxWvYlapLQ)
Bloomberg
Paracuelles forecasts the currency will drop 4.6 percent to 51 per dollar by the end of September. HSBC expects an exchange rate of 53 by year-end, while Nikko Asset’s Ken Hirose says the currency will weaken beyond 50 within six months. ...
More... (http://news.google.com/news/url?sa=T&ct=us/3-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601080%26sid%3DapyQKfKxi64w%26refer%3Dasia&cid=0&ei=1FewSa77J5Ck0QXO57j-Aw&usg=AFQjCNFVIHsmuVTJw78jNGrNJxWvYlapLQ)