Thursday, 20 June 2013

Yahoo! Philippines News - Live 2013 Philippine Elections News Updates and Results: PSEi, peso slump expected on US Fed QE easing — Bangko Sentral

Yahoo! Philippines News - Live 2013 Philippine Elections News Updates and Results
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PSEi, peso slump expected on US Fed QE easing — Bangko Sentral
Jun 20th 2013, 06:20

A sell-off in Philippine equities and a slump in foreign exchange rate favoring the dollar is expected after US Federal Reserve announced easing $85 billion monthly stimulus measure later in the year, Bangko Sentral ng Pilipinas said Thursday.

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