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                    [ArticleID] => 138877
                    [Title] => Peso seen to weaken further vs dollar
                    [Summary] => A major global investment and securities firm forecasts the peso to drop to P53 to the dollar within the next three months. The peso closed at 51.955 to the dollar last Wednesday, the last trading day of this week.


In an economic research paper released late last month, Goldman Sachs said that the peso will even slip to 56 to the dollar by end 2002 assuming that the economy does not improve and government continues to overshoot its budget deficit targets.


                    [DatePublished] => 2001-11-04 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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OVERSEAS ECONOMIC COOPERATION AND DEVELOPMENT

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                    [ArticleID] => 138877
                    [Title] => Peso seen to weaken further vs dollar
                    [Summary] => A major global investment and securities firm forecasts the peso to drop to P53 to the dollar within the next three months. The peso closed at 51.955 to the dollar last Wednesday, the last trading day of this week.


In an economic research paper released late last month, Goldman Sachs said that the peso will even slip to 56 to the dollar by end 2002 assuming that the economy does not improve and government continues to overshoot its budget deficit targets.


                    [DatePublished] => 2001-11-04 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
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                    [URL] => 
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abtest

Peso seen to weaken further vs dollar

By Ted P. Torres | November 4, 2001 - 12:00am

A major global investment and securities firm forecasts the peso to drop to P53 to the dollar within the next three months. The peso closed at 51.955 to the dollar last Wednesday, the last trading day of this week. In...

Business