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                    [ArticleID] => 241228
                    [Title] => Peso seen plunging to 57:$1 in Q2, then recovering to 56 by yearend
                    [Summary] => The peso will likely slump to P57 to the US dollar by the second quarter of the year but is expected to recover back to P56:$1 at the close of the year.


In a presentation Tuesday night, Standard Chartered Bank (SCB) Global Research Group chief economist Steve Brice pointed out that the local currency’s more realistic yearend value would hover in the P56 level.


                    [DatePublished] => 2004-03-04 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
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GLOBAL RESEARCH GROUP

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                    [Title] => Peso seen plunging to 57:$1 in Q2, then recovering to 56 by yearend
                    [Summary] => The peso will likely slump to P57 to the US dollar by the second quarter of the year but is expected to recover back to P56:$1 at the close of the year.


In a presentation Tuesday night, Standard Chartered Bank (SCB) Global Research Group chief economist Steve Brice pointed out that the local currency’s more realistic yearend value would hover in the P56 level.


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                    [AuthorName] =>  Ted P. Torres
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abtest

Peso seen plunging to 57:$1 in Q2, then recovering to 56 by yearend

By Ted P. Torres | March 4, 2004 - 12:00am

The peso will likely slump to P57 to the US dollar by the second quarter of the year but is expected to recover back to P56:$1 at the close of the year. In a presentation Tuesday night, Standard Chartered Bank (SCB)...

Business