Peso rise not a worry--central bank gov - INQUIRER.net
KYOTO, Japan--Amando Tetangco, Philippine central bank governor indicated on Sunday that the strong peso was not a concern as it reflected the nation's improved economic performance and helped tame inflation.
***Well, yeah. But we are a nation that is so much dependent on dollar inflows. So, it's really a double-edged sword. Not too high but not too low. The only concern is volatility. It should not be too volatile, so that exporters can project their prices well.
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