(Bloomberg) -- The Philippine peso rose, extending a
rally to the strongest since September 2000, on optimism the pace
of economic growth will attract international investors.
The currency climbed as the benchmark Philippine stock index
advanced to a second straight record. The gains came after the
government last week said the expansion in gross domestic product
quickened in the first three months of the year, fueled by
consumer spending and exports.
Read more at Bloomberg Currencies News
rally to the strongest since September 2000, on optimism the pace
of economic growth will attract international investors.
The currency climbed as the benchmark Philippine stock index
advanced to a second straight record. The gains came after the
government last week said the expansion in gross domestic product
quickened in the first three months of the year, fueled by
consumer spending and exports.
Read more at Bloomberg Currencies News
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