Philippine Peso falls on speculation of more capital controls

Source: Bloomberg
The Philippine Peso fell amid speculation the nation's central bank will add more measures to manage capital flows. The Peso weakened 0.2% to 40.638 per U.S. Dollar, trimming a two-day gain, with one-month implied volatility held at 4%. The yields of 6.375% government bonds due January 2022 gained 8 basis points, or 0.08 percentage point, to 4.375%. 

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