Philippine Peso Jumps To Fresh Multi-month High Against US Dollar
04 Oktober 2009 - 11:07PM
RTTF2
Extending its last week' rally, the Philippine peso edged
sharply higher against its US rival on Monday morning in Asia. The
peso touched 46.765 against the US dollar by 10:00 pm ET, the
highest level since February 11th. The next upside target for the
domestic unit is seen around the 46.72 level. At Friday's close,
the pair was worth 47.04.
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