Can peso go global? PNoy mulls possibility

By Jorge Carino, ABS-CBN News

Posted at Sep 18 2014 10:07 AM | Updated as of Sep 18 2014 06:07 PM

PARIS -- President Aquino toyed with the idea of globalizing the Philippine peso.

While meeting with the Filipino community in Paris, Aquino shared his discussion with a banker in Europe, without naming the banker nor the bank where that person works.

"Nabanggit nya sa akin, bakit di gawing global ang peso na parang dollar, ginagamit sa trading," said Aquino after taking a pregnant pause, looking at the crowd.

The crowd responded with oohs and aahs.

Aquino told the crowd to hold on first because the thought requires further study.