Philippine Peso Recovers From 2-day Low Against Dollar
October 20 2009 - 10:49PM
RTTF2
The Philippine peso that slipped against the dollar in early
Wednesday Asian deals reversed direction after hitting a 2-day low
of 47.27 at 9:40 pm ET. At present, the dollar-peso pair is worth
46.49, compared to yesterday's closing value of 46.61. If the
Philippine peso advances further, it may target the 46.25
level.
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