(Bloomberg) -- Westpac Banking Corp. is recommending
the Philippine peso because strong growth and moderate inflation
make the country's stock and bonds more attractive to investors
than those of other nations in the region.
The currency fell from a near seven-year high in the last
week when a rise in yields on benchmark U.S. Treasuries to the
highest in five years drew demand from riskier assets.
Read more at Bloomberg Currencies News
the Philippine peso because strong growth and moderate inflation
make the country's stock and bonds more attractive to investors
than those of other nations in the region.
The currency fell from a near seven-year high in the last
week when a rise in yields on benchmark U.S. Treasuries to the
highest in five years drew demand from riskier assets.
Read more at Bloomberg Currencies News
No comments:
Post a Comment