Randell Tiongson » philippine peso http://www.randelltiongson.com Life and Personal Finance Tue, 07 Sep 2010 13:57:24 +0000 en hourly 1 http://wordpress.org/?v=3.0 US Dollar Update, 10.06.2009 http://www.randelltiongson.com/us-dollar-update-10-06-2009/ http://www.randelltiongson.com/us-dollar-update-10-06-2009/#comments Tue, 06 Oct 2009 05:04:54 +0000 Randell Tiongson http://www.randelltiongson.com/?p=316 Continue reading →]]> Central Bank intervenes to support USD

    · Peso strengthened further, hitting a fresh 9-month high of P46.71 to a dollar vs P47.10 the previous day.

    · Attributed to strong inflows from overseas workers who sent home funds to families affected by Typhoon Ketsana

    · Philippine central bank reportedly bought around $200 million at several levels, with bulk at  46.72 mark.


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