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                    [ArticleID] => 161030
                    [Title] => JP Morgan sees peso strengthening to 48 to $1
                    [Summary] => Investment banker J.P. Morgan said yesterday the peso would likely appreciate to 48 to the dollar as the Philippines emerged as best performing market in Asia.


The investment house said the country has outperformed expectations and the only serious threat was whether the Arroyo administration would be able to keep its gaping budget deficit under control.


J.P. Morgan foreign exchange strategist James Malcom said there was a marked pick-up in investor appetite and the steady performance of the peso has made it more attractive as an investment hedge.


                    [DatePublished] => 2002-05-16 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] =>  Des  Ferriols
                    [SectionName] => Headlines
                    [SectionUrl] => headlines
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JAMES MALCOM

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                    [ArticleID] => 161030
                    [Title] => JP Morgan sees peso strengthening to 48 to $1
                    [Summary] => Investment banker J.P. Morgan said yesterday the peso would likely appreciate to 48 to the dollar as the Philippines emerged as best performing market in Asia.


The investment house said the country has outperformed expectations and the only serious threat was whether the Arroyo administration would be able to keep its gaping budget deficit under control.


J.P. Morgan foreign exchange strategist James Malcom said there was a marked pick-up in investor appetite and the steady performance of the peso has made it more attractive as an investment hedge.


                    [DatePublished] => 2002-05-16 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] =>  Des  Ferriols
                    [SectionName] => Headlines
                    [SectionUrl] => headlines
                    [URL] => 
                )

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)

abtest

JP Morgan sees peso strengthening to 48 to $1

By Des Ferriols | May 16, 2002 - 12:00am

Investment banker J.P. Morgan said yesterday the peso would likely appreciate to 48 to the dollar as the Philippines emerged as best performing market in Asia. The investment house said the country has outperformed...

Headlines