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Thursday, April 18, 2013

BSP eases forex rules to address strong peso

... but widened the scope of outward investments to include real estate properties, foreign stocks, and offshore mutual funds. All that would have the effect of creating demand for the dollar, softening the peso's rise. Also, the new rules increase the ...

http://www.abs-cbnnews.com/business/04/18/13/bsp-eases-forex-rules-address-strong-peso

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