(Bloomberg) -- The Philippine central bank may
raise the limit on funds invested abroad as early as next
quarter to ease gains in the peso against the dollar, Deputy
Governor Nestor Espenilla said.
``There's some urgency in easing the impact on the exchange
rate,'' Espenilla said in an interview in Cebu City yesterday.
Read more at Bloomberg Emerging Markets News
raise the limit on funds invested abroad as early as next
quarter to ease gains in the peso against the dollar, Deputy
Governor Nestor Espenilla said.
``There's some urgency in easing the impact on the exchange
rate,'' Espenilla said in an interview in Cebu City yesterday.
Read more at Bloomberg Emerging Markets News
No comments:
Post a Comment