Tuesday, 27 November 2012

Yahoo! Philippines News - Latest Philippines News & International News Headlines: EM ASIA FX-Philippine peso near 4-1/2-yr high on growth; Asia FX down

Yahoo! Philippines News - Latest Philippines News & International News Headlines
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EM ASIA FX-Philippine peso near 4-1/2-yr high on growth; Asia FX down
Nov 28th 2012, 07:06

* Philippine Q3 GDP up 1.3 pct q/q vs 0.4 pct growth f'cast * Won down as S.Korea intervention suspected * Ringgit ease, but 3.0550/dlr seen supported (Adds text, updates prices) By Jongwoo Cheon SINGAPORE, Nov 28 (Reuters) - The Philippine peso hoveredaround its strongest level in more than 4-1/2 years on Wednesdayafter stronger growth data, while most other emerging Asiancurrencies slid on worries about the looming U.S. fiscal crisisand doubt on the Greece debt deal. The peso started the day softer as risk appetiteeased, but turned higher to 40. ...

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