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                    [ArticleID] => 100402
                    [Title] => BSP won't let forex situation go out of hand - Buenaventura
                    [Summary] => 

Bangko Sentral ng Pilipinas Gov. Rafael B. Buenaventura said over the weekend
that the BSP would not let the foreign exchange situation get out of hand, even
as the BSP continues to refrain from actively intervening in the forex
market.

In a press conference, Buenaventura traced the weakness of the peso to the
demand by some entities with maturing peso Euronotes.

According to Buenaventura, those holding on to such instruments are now in need
of dollars to meet their obligation.

He said the corporate demand is not that big.
                    [DatePublished] => 2000-04-03 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1805266
                    [AuthorName] => Marianne V. Go
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

EURONOTE

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                    [ArticleID] => 100402
                    [Title] => BSP won't let forex situation go out of hand - Buenaventura
                    [Summary] => 

Bangko Sentral ng Pilipinas Gov. Rafael B. Buenaventura said over the weekend
that the BSP would not let the foreign exchange situation get out of hand, even
as the BSP continues to refrain from actively intervening in the forex
market.

In a press conference, Buenaventura traced the weakness of the peso to the
demand by some entities with maturing peso Euronotes.

According to Buenaventura, those holding on to such instruments are now in need
of dollars to meet their obligation.

He said the corporate demand is not that big.
                    [DatePublished] => 2000-04-03 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1805266
                    [AuthorName] => Marianne V. Go
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

abtest

BSP won't let forex situation go out of hand - Buenaventura

By Marianne V. Go | April 3, 2000 - 12:00am

Bangko Sentral ng Pilipinas Gov. Rafael B. Buenaventura said over the weekend that the BSP would not let the foreign exchange situation get out of hand, even as the BSP continues to refrain from actively intervening...

Business