MANILA, Philippines -- The Philippine peso has joined currencies of neighboring Asian countries as among those the UK-based Oxford Economics sees as resilient currencies that are unlikely to face a crisis in the near term given strong macro fundamentals. "Although this year's survey data on China suggests the worst has passed, the mounting uncertainty about growth in the U.S. and global trade tensions still pose risks to global market sentiments, and more volatility may well be in store for EM [emerging market] currencies," Oxford Economics said in a report titled "Navigating the next EM currency crisis." For Oxford Economics, "despite significant adjustments since last y...
Keep on reading: Oxford Economics: Philippine peso resilient from currency crisis
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