Sunday, June 3, 2007

Philippine Peso at Highest Since 2000 as Faster Growth Attracts Investors

(Bloomberg) -- The Philippine peso rose, extending a
rally to the strongest since September 2000, on optimism the pace
of economic growth will attract investors to the nation's assets.

The peso climbed 0.7 percent to 45.74 against the dollar as
of 9:45 a.m. in Manila, according to Tullett Prebon Plc, the
world's second-largest inter-dealer broker.


Read more at Bloomberg Currencies News

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