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Peso rise in 2011 makes BSP incur P36.7 billion in losses

- (GMA 7 Business) - 4 months ago...

The Bangko Sentral ng Pilipinas (BSP) said its losses from intervening in the local foreign exchange market fell 36.6 percent in the first nine months of 2011 to P36.7 billion as the country’s peso appreciated against the US dollar....

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