(Bloomberg) -- The Philippine peso rose on
speculation investors bought the currency to purchase stocks.
Government bonds may fall on deficit concerns.
The local currency rose 0.2 percent to 45.17 against the
dollar as of 9:31 a.m. in Manila, according to Tullett Prebon
Plc, the world's second-largest inter-dealer broker. The peso is
trading at its highest since September 2000.
Read more at Bloomberg Currencies News
speculation investors bought the currency to purchase stocks.
Government bonds may fall on deficit concerns.
The local currency rose 0.2 percent to 45.17 against the
dollar as of 9:31 a.m. in Manila, according to Tullett Prebon
Plc, the world's second-largest inter-dealer broker. The peso is
trading at its highest since September 2000.
Read more at Bloomberg Currencies News
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