About forex forecast philippines
14 May 2012
Asia Closing Highlights
Connie Tse, Radhika Rao, Fiona Lim, Chester Liaw, Bernard Aw
(Note: Currency values as of 1040 GMT)
ASIA Word
- Thailand: Govt's Budget Department director Jampeerat said the 2013 monetary draft will be considered on May 21-23. - BBG
- Philippines: Fitch said that the wilderness's growth is expected to come in at the disgrace end of the govt's 5-6% target.
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The BSP has raised its forecast for year-end GIR to $50 billion. The hinterlands's forex reserves rank among the lowest in the region, outpacing only Pakistan |
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The Commerce Process Association of the Philippines (BPAP) last month said that it has already met half of the $9.4 billion projected revenues this year, |
Philippines: FinSec Purisima said that at least $1.1 bln from the exchange of PHP-denominated retail bonds is being targeted; added that at least $500 mln was
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