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PHILIPPINE STOCKS could sustain their uptrend when trading resumes on Thursday as the Bangko Sentral ng Pilipinas (BSP) is widely expected to deliver a rate cut and with markets still hoping for ...
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BSP says intervening less in peso, sees cut in ratesThe Philippine central bank has been intervening less in the currency market recently, and it appears on track to resume rate cuts in April, Governor Eli Remolona said Tuesday. “We are on an easing ...
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Inquirer Business on MSNBSP chief sees ‘good chances’ of quarter-point rate cut in AprilGovernor Eli Remolona Jr. said there was a “good chance” of a quarter-point interest rate cut in April, as inflation continues to ease while the peso becomes less of a problem for monetary authorities ...
BSP Governor Eli M. Remolona ... “We always worry about the exchange rate. But not for the reasons other people worry about the exchange rate. We worry about the exchange rate because if it moves too ...
The Philippine Stock Exchange index (PSEi) bounced back to the 6,000 level Tuesday after previous day’s bloodbath, as ...
Following a sharper-than-expected slowdown in February inflation, the Bangko Sentral ng Pilipinas (BSP) is maintaining a cautious approach to monetary easing as any interest rate cuts this year will ...
If the exchange rate strengthens to ₱55/USD ... Recently, the peso’s further strengthening has followed a revelation by the BSP chief that they intervene in the market when necessary in ...
THE Bangko Sentral ng Pilipinas (BSP) should adopt a “modest easing” approach as uncertainties in growth, financial stability ...
But over the years, the BSP had to tighten the rules on NDF transactions ... NDCCS is a currency swap deal wherein the differences between the exchange rates and interest rates are settled on ...
“We’ve been less active in the last few months,” Remolona said on the central bank’s activity in the foreign exchange ... even as the BSP kept the benchmark interest rate unchanged in ...
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