Peso may sink to P62&per&dollar level this year
THE PHILIPPINE PESO could sink to as low as P62 per dollar this year as a dovish central bank and increased liquidity in the financial system weigh on the currency, Bank of America (BofA) Global Research said. “We believe policy desire for easier financial conditions remains a negative for the peso,” it said in a […]
Moderator - Tomas Kauer 
THE PHILIPPINE PESO could sink to as low as P62 per dollar this year as a dovish central bank and increased liquidity in the financial system weigh on the currency, Bank of America (BofA) Global Research said. “We believe policy desire for easier financial conditions remains a negative for the peso,” it said in a […]
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