Philippine Peso gains as stocks rise toward record high

Source: Bloomberg
The Philippine Peso rose as stocks jumped toward the highest level touched last week, while the nation's central bank said it might take steps to cap inflows. The Peso gained as much as 0.1% to 40.725 per U.S. Dollar at 10.52 a.m. in Manila, with implied volatility holding at 3.9%. According to the exchange data, foreign investors bought $812 million more stocks than they sold this year.
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Tue, 05 Mar 2013 09:03:04 GMT

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