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Analysts: Huge rice imports won’t burden weak peso

By Inquirer - 5 months ago
There’s a minimal risk that the projected increase in inbound shipments of rice as a result of lower tariffs on the commodity would bloat the country’s total import bill and add pressure on the already volatile peso, analysts said. This, while the Bangko Sentral ng Pilipinas (BSP) assured the public that it has enough reserves

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