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BSP to simplify foreign investors’ forex sourcing

By Inquirer - 3 months ago
MANILA, Philippines —The Bangko Sentral ng Pilipinas (BSP) plans to finalize within the year a policy framework that simplifies the requirements for nonresident investors to buy foreign exchange from the local banking system, a top official said. Anita Linda Aquino, member of the policymaking Monetary Board, said she had recommended late last year the lifting

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