Philippine Peso Set to Stumble With Drop in Foreign Bond Sales – Yahoo Finance

Philippine Peso Set to Stumble With Drop in Foreign Bond Sales – Yahoo Finance

(Bloomberg) – Philippine borrowers are looking to raise fewer bonds overseas in the coming months, taking away a pillar of strength for the peso. The peso led the advance among Asian currencies this year with 4.1% gains as the nation’s borrowers raised a record $ 11.4 billion dollars via international bond sales in 2020. However, […]

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