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Peso seen to fall if rates cut too soon

By Inquirer - 5 months ago
It is still going to be difficult for the Bangko Sentral ng Pilipinas (BSP) to cut interest rates ahead of the US Federal Reserve unless it is prepared to let the peso weaken significantly, Dutch financial giant ING Bank said. Robert Carnell, Asia-Pacific head of research at ING, said a rate cut in the fourth

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