Yahoo! Philippines News - Latest Philippines News & International News Headlines: Peso gains, PSEI reaches record high after S&P's investment upgrade

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Peso gains, PSEI reaches record high after S&P's investment upgrade May 3rd 2013, 17:33 Local share prices surged to record levels for the 28th time this year while the Philippine peso extended gains to a three week high after Standard & Poor's Ratings Services gave the Philippines its second investment grade sovereign rating. Sovereign bonds likewise gained. Media files: 20101125_500_peso_bill_noynoy.jpg (image/jpeg)

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