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Distressed peso may yet stall BSP from tweaking rates

By Inquirer - 5 months ago
The Bangko Sentral ng Pilipinas (BSP) would likely keep its ultra-tight monetary policy settings unchanged at its meeting later this week, although monetary authorities would maintain their “less hawkish” tone that had put the peso in much distress in recent weeks. All nine economists polled by the Inquirer expect the BSP’s policy rate to stay

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