(Bloomberg) -- The Philippine peso rose the most in
10 months after President Gloria Arroyo said the currency's
strength is helping keep inflation low.
The peso advanced for an eighth day as the benchmark stock
index climbed to a record. Arroyo's comments today came after
central bank Governor Amando Tetangco also said yesterday that a
strong peso helps achieve price stability.
Read more at Bloomberg Currencies News
10 months after President Gloria Arroyo said the currency's
strength is helping keep inflation low.
The peso advanced for an eighth day as the benchmark stock
index climbed to a record. Arroyo's comments today came after
central bank Governor Amando Tetangco also said yesterday that a
strong peso helps achieve price stability.
Read more at Bloomberg Currencies News
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