Peso sinks to P56 level on BSP rate bets
THE PESO on Tuesday sank to the P56-per-dollar level for the first time in almost two weeks after Finance Secretary Ralph G. Recto said the Bangko Sentral ng Pilipinas (BSP) has space for a big rate cut following the US central bank’s move last week. The local unit closed at P56.245 per dollar on Tuesday, […]
T. Kauer 
THE PESO on Tuesday sank to the P56-per-dollar level for the first time in almost two weeks after Finance Secretary Ralph G. Recto said the Bangko Sentral ng Pilipinas (BSP) has space for a big rate cut following the US central bank’s move last week. The local unit closed at P56.245 per dollar on Tuesday, […]
