Saturday 20 October 2018
Contact US    |    Archive
inquirer
4 months ago

Fed hike to weigh on BSP policy as peso slips to P53.27

The decision of the US Federal Reserve to raise interest rates in the world s largest economy will weigh on the Bangko Sentral ng Pilipinas own the upcoming discussions on whether it will further tighten monetary policy to combat stubbornly high local inflation. In a text message, BSP Governor Nestor Espenilla Jr. said last night s move by the US central bank to hike its key Fed funds rate by 25 basis points --- which historically has the tendency to weaken the peso by inducing invest

Read on the original site


هذه الصفحة هي مجرد قاریء تلقائي للأخبار باستخدام خدمة الـ RSS و بأن نشر هذه الأخبار هنا لاتعني تأییدها علی الإطلاق.
Hashtags:   

Fed

 | 

hike

 | 

weigh

 | 

BSP

 | 

policy

 | 

peso

 | 

slips

 | 

P53

 | 
Most Popular (6 hours)

Most Popular (24 hours)

Most Popular (a week)