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



NewsWhore
07-27-2011, 01:40 AM
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Philippine Peso Reaches Three-Year High on U.S. Debt Impasse (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHZ8czDG_xhVUxm_B9m_0iRYvUuxg&url=http://www.bloomberg.com/news/2011-07-27/philippine-peso-reaches-three-year-high-on-u-s-debt-impasse.html)
Bloomberg
The currency climbed for a second day before a meeting tomorrow at which Bangko Sentral ng Pilipinas is expected to leave borrowing costs unchanged, while ordering lenders&#39; to set aside more cash as reserves. The Dollar Index, which tracks the ...

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