Wednesday, November 09, 2005

Peso Recovery Should Balance Prices

Philippine Senator Mar Roxas on Wednesday said the recent recovery of the peso against the dollar should balance the prices of commodities in the market.

"If softening of the peso to the dollar was part of the reason for price hikes, then the recovery of the peso should balance off prices of commodities and keep it steady for a time," he said.

Visit Yahoo Australia for the full story.

No comments: