Embattled Peso Seeks Relief as Philippines to Weigh Rate Hike bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
MANILA (Bloomberg): A rebound in the dollar has hit the peso harder than most of its peers and the losses may get exacerbated if policymakers at the Philippine central bank hold interest rates this week.
A rebound in the dollar has hit the peso harder than most of its peers and the losses may get exacerbated if policymakers at the Philippine central bank hold interest rates this week.
“In all the major regions we have this sense of light at the end of the tunnel,” said Claus Vistesen, chief eurozone economist at consultancy Pantheon…