Gov't studying how to tackle strong peso


Posted at Jan 31 2013 10:53 AM | Updated as of Jan 31 2013 09:32 PM

MANILA - The Philippines' economic managers are discussing ways to address the possible impact of a strong peso on exports, the growing outsourcing sector, and remittances from overseas Filipinos, a senior economic official said on Thursday.

"Economic managers are talking to each other on how best to address this issue," Economic Planning Secretary Arsenio Balisacan told reporters.