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View Full Version : Philippine Peso Climbs to Three-Month High on Rates; Bonds Gain - Bloomberg



NewsWhore
02-01-2012, 11:30 PM
Philippine Peso Climbs to Three-Month High on Rates; Bonds Gain (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNGGmMGq4qkPD-DdebrM3o4_HoMmOw&url=http://www.bloomberg.com/news/2012-02-02/philippine-peso-climbs-to-three-month-high-on-rates-bonds-gain.html)
Bloomberg
The currency has advanced 2.7 percent this year. Bangko Sentral ng Pilipinas lowered the rate it pays lenders for overnight deposits by a quarter of a percentage point to 4.25 percent on Jan. 19. The Philippine economy expanded 3.7 percent in 2011, ...

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