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 |