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                    [ArticleID] => 100648
                    [Title] => Standard Chartered sees P39:$1 rate in H2
                    [Summary] => 

The peso will strengthen in the last two quarters of the year to about P39 to a
dollar due to an overall improvement in the country's economy, Standard
Chartered Bank officials predicted yesterday.

In a press briefing SCB fixed income strategy head Brian Verlaan and fixed
income strategist John Tan said the projected appreciation of the peso could be
traced from the "improving economy of the country."

"The Philippine economy is improving, and growth is broadening into domestic
demand," they said.

Based on the SCB outlook for the Philippines, the country's gross domestic

                    [DatePublished] => 2000-04-29 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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BRIAN VERLAAN

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                    [ArticleID] => 100648
                    [Title] => Standard Chartered sees P39:$1 rate in H2
                    [Summary] => 

The peso will strengthen in the last two quarters of the year to about P39 to a
dollar due to an overall improvement in the country's economy, Standard
Chartered Bank officials predicted yesterday.

In a press briefing SCB fixed income strategy head Brian Verlaan and fixed
income strategist John Tan said the projected appreciation of the peso could be
traced from the "improving economy of the country."

"The Philippine economy is improving, and growth is broadening into domestic
demand," they said.

Based on the SCB outlook for the Philippines, the country's gross domestic

                    [DatePublished] => 2000-04-29 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

abtest

Standard Chartered sees P39:$1 rate in H2

By Donnabelle L. Gatdula | April 29, 2000 - 12:00am

The peso will strengthen in the last two quarters of the year to about P39 to a dollar due to an overall improvement in the country's economy, Standard Chartered Bank officials predicted yesterday. In a press...

Business