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NEWS UPDATES Asean Affairs  March  15, 2018  

Peso unchanged ahead of US inflation data

The Philippine peso was flat on Tuesday, as many market players stayed on the sidelines ahead of key US economic data.

The local currency closed Tuesday at P52.04:$1, unchanged from Monday.

“There’s nothing much to say. We’re stuck in a range cause the market’s waiting for the US CPI (consumer price index) later tonight,” a foreign exchange trader from a local bank said.

US inflation figures for February is to be released Tuesday, with market consensus at 1.8 percent.

“Focus now turns to US consumer price data due later on Tuesday for the global markets to gauge inflation trends in the world's largest economy and as a guide for upcoming Fed policy,” Reuters said in a report.

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This year in Thailand-what next?

AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More






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