Tag: silver lining

  • Philippine Peso Falls as Spain Concern Mounts

    The Philippine peso snapped a three- week loss after Moody’s Investors Service raised the nation’s credit-rating outlook to positive and first-quarter economic growth beat analysts’ estimates. The move by Moody’s on May 29 increases chances the country will be upgraded from Ba2, two levels below investment grade. The economy grew 6.4 percent in the three […]