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Letter "J" » Jonathan Ravelas Quotes
«The market is reacting to ongoing concerns of a threat to oust the president.»
«The risk to the administration seems to be dissipating ... we will probably see a more stable market next week.»
«There could be a quarter-point increase every quarter to (a total of) one percentage point for the full year.»
«The present move seems to be targeting the 50.40-50.45 levels.»
«Next week, I expect the peso to test 51.»
«Next week, I expect the peso to test 51. With the lifting of the state of emergency, the focus of financial markets will shift back to fundamentals.»
«The lifting of the state of emergency is a clear signal that the threats against the government have been neutralized more so this would boost financial markets, particularly the peso.»
«The peso is likely to test the 51-to-one levels as early as next week.»
«Because of the commitment to bring down the budget gap, investors are now rewarding the government through fresh foreign direct and portfolio investments.»
«The recent falls should be taken as an opportunity to buy ahead of the index change in April.»