Section

Weak peso might delay BSP easing

By Inquirer - 2 weeks ago
The Bangko Sentral ng Pilipinas (BSP) might have to slam the brakes on its interest rate cuts should the peso remain under pressure from a rallying dollar, which has been enjoying safe-haven demand amid global uncertainties brought about by events like the US presidential elections. In a commentary, Aris Dacanay, economist at HSBC Global Research,

Topics:

Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.