11. The central bank has been the biggest seller of dollars this month as it tried to defend the peso from speculative attacks. 12. The Bangko Sentral will ratchet up interest rates if necessary to defend the peso, Singson told an investment forum in Manila. 13. The central bank has been the biggest dollar-seller this month as it tried to defend the peso from speculative attacks. 14. The move, to defend the peso, will lead to higher borrowing costs that could slow the economy. 15. The move to defend the peso will lead to higher borrowing costs that could slow the economy. 16. The Philippine central bank boosted its overnight borrowing rate to a two-year high to defend the peso. 17. The Philippine central bank said it sees no immediate need to increase interest rates to defend the peso following a shakeup in the Senate. 18. They could also force the Philippine central bank to raise domestic interest rates to defend the peso. 19. Yesterday, Economy Minister Roque Fernandez said he would defend the peso to the hilt if it came under attack from currency speculators. 20. Yesterday, Argentine Economy Minister Roque Fernandez said he would defend the peso to the hilt if the exchange rate policy comes under attack. |