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Peso outperforms key Asian currencies

Posted on 04 July 2012

The Philippine peso has outperformed other Asian currencies in the first half of the year. The Bangko Sentral ng Pilipinas (BSP) reported the peso appreciated by 4.33% against the US dollar from January to July 2.
The rate of the peso’s appreciation was faster than other key currencies 0.4% for the Malaysian ringgit, 0.44% for the Thailand baht, 1.42% for the Australian dollar, 2.7% for the Singapore dollar, and 4.18% for the New Zealand dollar………………………………………..Full Article: Source


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