Philippine Peso Declines Against US Dollar
07 October 2009 - 12:57PM
RTTF2
Pulling back from yesterday's fresh multi-month high, the
Philippine peso lost ground against the US dollar on Wednesday
morning in Asia. The peso dropped to 46.695 against the greenback
by 9:30 pm ET, compared to 46.535 hit late New York Tuesday. If the
peso weakens further, support is seen around the 47.28 level.
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