Bloomberg News

Philippine Peso Volatility in Middle of Range on Intervention

September 30, 2011

Sept. 30 (Bloomberg) -- Philippine peso volatility had been in the middle of the range on central bank’s “participation,” Governor Amando Tetangco said in a media briefing today in Manila. The monetary authority “has participated” in the foreign-exchange market to curb volatility, Tetangco said.

To contact the reporter on this story: Karl Lester M. Yap in Manila at kyap5@bloomberg.net

To contact the editor responsible for this story: Clarissa Batino at cbatino@bloomberg.net


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