Emerging markets: Philippine stocks cheer dovish central bank but Evergrande keeps Asia FX muted


MANILA, Sept 24 (Reuters): Most emerging Asian currencies softened on Friday as investors remained wary of a fallout from debt-laden property developer China Evergrande, while Philippine shares outpaced regional peers after a dovish stance from the country's central bank.

Evergrande bondholders were spooked by worries that the company was inching closer to a potential default as an interest payment deadline expired on Thursday without any announcement from the company.

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Philippins , Stocks , Up , Central Bank , Decision

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