05.10.2011 - Peso still competitive vs other currencies: BSP
The Bangko Sentral ng Pilipinas (BSP) reiterated that the peso has maintained its price competitiveness against other currencies in the region despite weakening against the dollar in the past few days amid the worsening debt situation in Europe. BSP Governor Amando M. Tetangco Jr. said the peso remained broadly competitive as its movements and volatility have been within the range of regional currencies..............................................Full Article: Source
Print