BusinessWorld
Peso advances on BSP rate hike hopes
THE PESO rose versus the dollar on Thursday as expectations of elevated Philippine inflation fanned rate hike bets. The currency rebounded by 12 centavos to close at P61.625 versus the greenback from P61.745 on Wednesday, based on Bankers Association of the Philippines data posted on its website. The local unit opened Thursday’s session at its […]
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Source: bworldonline.com
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