Rates Outlook: Hotter inflation bears on dollar-peso
We expect the dollar-peso exchange rate to trade within the 58 to 59 range this week
by Metrobank
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(Editor’s Note: This outlook is subject to updates.)
Earl Andrew “EA” Aguirre, Investment Counselor Department Head, Financial Markets Sector, Metrobank, said one of the highlights last week was US President Donald Trump’s nomination of Kevin Warsh as the next chairman of the Federal Reserve. This week, we see the dollar-peso to trade within a wide range of 58 to 59.