INSIDE PHILIPPINES: PHP Stable; Dirty Money Rule Tweak: Inquirer
Source: BFW (Bloomberg First Word)
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(Bloomberg) -- Peso little changed vs dollar after falling 0.2% over past two days; anti-money laundering rule tightened, Inquirer reports.
Alert: HALISTER1- Peso at 47.025 per dollar
- USD/PHP holds below conversion line of 47.080 on ichimoku chart
- Peso’s one-month forwards steady at 47.10 per dollar
- BSP accepted 70b pesos of 234.53b pesos total bids at yesterday’s term deposit auction
- Avg yield was 2.5% for both 7-day and 28-day tenors, unchanged from previous auction
- International investors bought net $53.9m of local equities yesterday, biggest one-day inflow since June 30: exchange data
- Yield on 8% govt bonds due July 2031 at 3.3750% vs 3.3500% yesterday, according to Tradition pricing
Source: BFW (Bloomberg First Word)
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UUID: 7947283