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                    [ArticleID] => 99099
                    [Title] => Peso continues to slide
                    [Summary] => 

Despite the rise in the overnight rates of the Bangko Sentral ng Pilipinas
(BSP), the peso remained weak against the dollar, losing another 3.5 centavos
to close at P41.665 compared to the previous day's close of P41.630 to a
dollar, currency traders said.

The BSP announced yesterday that it had raised its overnight rates by 50 basis
points in response to the 50 basis points rise in US interest rates.
                    [DatePublished] => 2000-05-18 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1190247
                    [AuthorName] => by bias
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

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)

FEDERAL OPEN MARKET

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    [results] => Array
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            [0] => Array
                (
                    [ArticleID] => 99099
                    [Title] => Peso continues to slide
                    [Summary] => 

Despite the rise in the overnight rates of the Bangko Sentral ng Pilipinas
(BSP), the peso remained weak against the dollar, losing another 3.5 centavos
to close at P41.665 compared to the previous day's close of P41.630 to a
dollar, currency traders said.

The BSP announced yesterday that it had raised its overnight rates by 50 basis
points in response to the 50 basis points rise in US interest rates.
                    [DatePublished] => 2000-05-18 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1190247
                    [AuthorName] => by bias
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

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abtest

Peso continues to slide

By by bias | May 18, 2000 - 12:00am

Despite the rise in the overnight rates of the Bangko Sentral ng Pilipinas (BSP), the peso remained weak against the dollar, losing another 3.5 centavos to close at P41.665 compared to the previous day's close...

Business