BSP unlikely to tolerate peso fall past 60:$1

MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) is likely to step in to curb excessive peso weakness that could otherwise push the currency toward 60 to the dollar, BMI Research said, while maintaining a broadly bearish outlook on the peso this year. In a note to clients, BMI, a unit of the Fitch […]... Keep on reading: BSP unlikely to tolerate peso fall past 60:$1