Peace ahead for the peso

While other countries in Asia-Pacific struggle with current account deficits and currency depreciation, the Philippines continues its solid run, with GDP growth outpacing that of China.
Peace ahead for the peso
By Black Swan
Aug 26, 2013
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While most in the Asia currency basket (particularly, Indonesia and India) struggle with balance of payments deficits (BOP), one case remains a standout: the Philippines. Treasurers may be concerned about their Asian currencies, but the Philippines may be a rare comfort.  

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