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View Full Version : Philippine Peso Falls for Second Week as Foreigners Sell Stocks - Bloomberg



NewsWhore
05-13-2011, 06:52 AM
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Philippine Peso Falls for Second Week as Foreigners Sell Stocks (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFT8AD-qzN9QQ5-0RiLDitzDR5Gbw&url=http://www.bloomberg.com/news/2011-05-13/philippine-peso-falls-for-second-week-as-foreigners-sell-stocks.html)
Bloomberg
The currency touched a two-week low today and the MSCI Asia-Pacific Index of regional stocks fell after China raised banks&#39; reserve requirements for the fifth time this year. Global funds sold $41 million more Philippine shares than they bought this ...

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