Philippine cenbank's modest rate-hike stance lifts bearish bets on peso - Reuters.com


6/30/2022 12:00:00 AM2 years 10 months ago

Bearish bets on the Philippine peso grew as the central bank adopted a more modest approach than its peers to tamp down inflation, while short positions on China's yuan eased following more stimulus and easing COVID-19 curbs, a Reuters poll found.

June 30 (Reuters) - Bearish bets on the Philippine peso grew as the central bank adopted a more modest approach than its peers to tamp down inflation, while short positions on China's yuan eased foll… [+2912 chars]

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