Posts Tagged ‘Rodrigo Duterte’

Philippine Peso Stocks Jump as Duterte Claims Presidential Win

Wednesday, May 11th, 2016

The Philippine peso rose the most in six weeks against the dollar as Rodrigo Duterte sought to ease investor concerns after claiming victory in the nation’s presidential election.

The currency also strengthened versus all of its 10 Asian peers as preliminary results showed Duterte, the tough-talking mayor of Davao city, won about 39 percent of the vote.