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View Full Version : Philippine Peso Falls From Three-Year High on U.S. Debt Impasse - Bloomberg



NewsWhore
07-25-2011, 12:30 AM
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Philippine Peso Falls From Three-Year High on U.S. Debt Impasse (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNG8dtJ209j6gF9X3AqHjrlbJH1yDg&url=http://www.bloomberg.com/news/2011-07-25/philippine-peso-falls-from-three-year-high-on-u-s-debt-impasse.html)
Bloomberg
“The ongoing debt negotiations in the US are causing some profit taking in the equities and currency markets,” said Lito Biacora, vice president for treasury at Bank of the Philippine Islands in Manila. The peso declined 0.1 percent to 42.443 per ...

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