BSP unfazed by peso slump to 57:$1

By

-

7 months ago

MANILA, Philippines – The recent weakness of the peso is “not large enough” to upset inflation expectations and trigger any policy actions from the Bangko Sentral ng Pilipinas (BSP), Governor Eli Remolona Jr. said on Wednesday. At a press conference, Remolona said the local currency’s slump was “not a case of a weak peso, [but]

Read The Rest at :

Inquirer

Topics:

unfazed

slump

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.