Philippine c.bank intervenes to cap peso - traders
Published: 12 Oct 2009 20:29:36 PSTSINGAPORE, Oct 13 - The Philippine central bank intervened on Tuesday to slow the peso's rise near the key 46.50 per dollar level, traders said.
The peso <PHP=> pulled back to 46.50 after briefly hitting 46.49 as the central bank was suspected of buying dollars.
"The central bank is at 46.50," said a Manila-based trader.
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