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Fitch: Weaker US growth prospects might hit PH remittances

By Inquirer - 3 weeks ago
Potential policy shifts after the US presidential elections could weigh on the growth prospects in the world’s largest economy, a development that can hurt emerging markets (EMs) like the Philippines via the remittances channel, a major lifeline for Filipinos, Fitch Ratings said. In a commentary, the debt watcher said remittances was a channel for potential

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