(Bloomberg) -- The Philippine economy is suffering
from a rising currency, with the strengthening peso damping
export growth, said Economic Planning Secretary Romulo Neri.
``Peso strength is affecting growth,'' Neri said in a July
25 interview in Manila. The central bank, where Neri is a
monetary board member, ``can do very little now when the peso
strengthens.''
Read more at Bloomberg Emerging Markets News
from a rising currency, with the strengthening peso damping
export growth, said Economic Planning Secretary Romulo Neri.
``Peso strength is affecting growth,'' Neri said in a July
25 interview in Manila. The central bank, where Neri is a
monetary board member, ``can do very little now when the peso
strengthens.''
Read more at Bloomberg Emerging Markets News
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