|
|
Article: P/$ rate closes at P41.58/$ 1.(News In Brief)
- Article from:
- Manila Bulletin
- Article date:
- December 11, 2007
CopyrightCOPYRIGHT 2007 Manila Bulletin Publishing Corp. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
The peso exchange rate closed higher at P41.58 to the US dollar yesterday at the Philippine Dealing & Exchange Corp. (PDEx) from P41.74 last Friday. The weighted average rate appreciated to P41.658 from P41.745. Total volume amounted to $ 466 million.
ADB cuts LIBOR loan rate
The Asian Development Bank (ADB) has reduced its loan charges on LIBOR-based loans to sovereign borrowers or borrowers with sovereign guarantees negotiated on or after 1 October 2007. Under the new loan pricing structure, the effective lending spread has been reduced to 0.20 percent per annum and ADB has eliminated the annually approved waiver mechanism. New LIBOR-based loans will ...
Related newspaper, magazine, and journal articles:
|
|
Article: Glow Energy preparing to float 440m shares.
Bangkok Post (Bangkok, Thailand);
March 19, 2005 ;
677 words
... ... by Belgian-based Suez (Tractebel EGI), plans to float ... shares now held by Suez Tractebel Energy Holding and 80 million new shares. Suez Tractebel's holdings in Glow ... shares in the first year after the IPO, and ...
|
|