Monday, 26 November 2012

Yahoo! Philippines News - Latest Philippines News & International News Headlines: EM ASIA FX-Won up despite tighter FX rules; Philippine peso at 4-1/2-yr high

Yahoo! Philippines News - Latest Philippines News & International News Headlines
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EM ASIA FX-Won up despite tighter FX rules; Philippine peso at 4-1/2-yr high
Nov 27th 2012, 07:28

* S.Korea to reduce limits on banks' FX derivatives holdings * Exporters, offshore funds support won * Philippine peso up on remittances, stop-loss dlr selling * Taiwan dlr higher on exporters, inflows * Philippine, Singapore, Taiwan intervention spotted-dealers (Adds text, updates prices) By Jongwoo Cheon SINGAPORE, Nov 27 (Reuters) - The South Korean won rosedespite tougher rules and the Philippine peso hit its strongestlevel in more than four-and-a-half years on Tuesday with a Greekdeal supporting emerging Asian currencies, although interventionwas spotted capping the upside. ...

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