Peso retreats to 42-to-dollar level
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Peso retreats to 42-to-dollar level

Shanghai : China | Aug 15, 2012 at 7:37 AM PDT
Source: Inquirer.net
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PhilippinesThe peso weakened back to the 42-to-a-dollar territory on Wednesday amid market concerns over the slowdown of China and the contraction of the eurozone in the second quarter.   The local currency closed at its intraday low of 42.27 against the US dollar, down by 35.5 centavos from the previous... FULL ARTICLE AT Inquirer.net
 
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