FX VOICE: The future for the Philippines peso
Nov 18, 2013
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.
.jpg&c=1&h=810&q=100&v=20250405&w=1440 "Peace ahead for the peso")
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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