Yahoo! Philippines News - Latest Philippines News & International News Headlines: Philippine peso strengthens on ratings upgrade

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Philippine peso strengthens on ratings upgrade May 4th 2013, 06:10 Manila (Philippine Daily Inquirer/ANN) - The peso strengthened back to the 40-to-a-dollar territory Friday to hit its highest finish in four weeks as financial markets cheered the decision of Standard & Poor's to give the Philippines an investment-grade rating. Media files: 2013-03-28T121558Z_674360933_GM1E93S1K5101_RTRMADP_3_PHILIPPINES-ECONOMY-UPGRADE.JPG (image/jpeg)

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