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View Full Version : Philippine Peso Up on Remittances Speculation - Bloomberg



NewsWhore
01-02-2012, 12:20 AM
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Bloomberg (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNGHblAkqlmC7p0koCKKxpOxNGAS0Q&url=http://www.bloomberg.com/news/2012-01-02/philippine-peso-climbs-on-remittances-speculation-bonds-decline.html)
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Philippine Peso Up on Remittances Speculation (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNGHblAkqlmC7p0koCKKxpOxNGAS0Q&url=http://www.bloomberg.com/news/2012-01-02/philippine-peso-climbs-on-remittances-speculation-bonds-decline.html)
Bloomberg
Local-currency bonds fell. Cash transfers from Filipinos living outside the country are typically high in December and January, said Ricky Cebrero, head of treasury at Philippine National Bank in Manila. The country is assessing “market appetite and ...

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