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View Full Version : Philippine Peso Snaps Six-Day Decline on Looser Forex Rules - Bloomberg



NewsWhore
03-18-2012, 10:20 PM
Philippine Peso Snaps Six-Day Decline on Looser Forex Rules (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNGxbK8F12w6bAdfSFbVjvr9RSxYNw&url=http://www.bloomberg.com/news/2012-03-19/philippine-peso-snaps-six-day-decline-on-looser-forex-rules.html)
Bloomberg
The relaxation of rules “would be positive for the peso because of less stringent regulations,” said Enrico Tanuwidjaja, a Singapore-based senior currency analyst at Malayan Banking Bhd. “The fundamentals remain positive for the Philippines.

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