1. Mexican stocks soared and the peso rose for a second day after the government unveiled a series of corporate tax breaks aimed at boosting economic growth and company earnings. 2. Singson said the peso was rising on the back of dollar inflows from foreign funds and exporters converting other currencies back into pesos. 3. The Philippines peso rose. 4. The rise also came after the peso rose to its highest level in more than a month. 5. In currency trading, the peso rose against the dollar in morning trading, buoyed by thin dollar demand and bullish sentiment on regional stock markets, traders said. 6. In currency trading, the peso rose to a seven-month high against the dollar, buoyed by the stronger Japanese yen and foreign-exchange inflows. 7. The peso also rose. 8. The peso also rose, buoyed by an upcoming increase in the reserve requirements of banks and hopes for the U.S. rate cut, dealers said. 9. The Philippine peso rose sharply against the dollar, extending recent gains on a raft of good news including the scrapping of a system of volatility limits. 10. The peso rose slightly Monday as Mexico began drawing on a bailout package from the United States and Canada. |