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Interest rates on the way up, says BSP

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Interest rates in emerging markets are expected to go up as monetary authorities across the world try to cope with volatility in financial markets caused by policy moves by the likes of the US Federal Reserve.

Posted: July 3rd, 2014 in Headlines | Read More »

Peso may fall to P46 against US dollar by end of 2014—UBS

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AFP file photo

The peso might depreciate to the 46 level against the US dollar by this yearend and further to 47 by the end of 2015 due to a “pretty loose” local monetary policy, the bottoming out of US interest rates and some oil price pressures, an economist from Swiss investment bank said.

Posted: June 23rd, 2014 in Latest Business Stories,Money | Read More »

Interest rates seen to rise this week

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Borrowing costs are set to head north with the Bangko Sentral ng Pilipinas seen further tightening policy settings this week amid efforts to stabilize consumer prices. INQUIRER.net file photo

Borrowing costs are set to head north with the Bangko Sentral ng Pilipinas (BSP) seen further tightening policy settings this week amid efforts to stabilize consumer prices.

Posted: June 16th, 2014 in Editor's Pick,Featured Gallery,Headlines,Photos & Videos | Read More »

Indonesia holds rates, gives gloomy growth assessment

Indonesian presidential candidate Joko Widodo greets his supporters during a campaign rally in Tasikmalaya, West Java, Indonesia, Thursday, June 12, 2014 Indonesia's central bank kept its key interest rate on hold Thursday, taking a cautious stance ahead of presidential polls, but gave a gloomy assessment for growth prospects this year.  AP PHOTO/TATAN SYUFLANA

Indonesia’s central bank kept its key interest rate on hold Thursday, taking a cautious stance ahead of presidential polls, but gave a gloomy assessment for growth prospects this year.

Posted: June 13th, 2014 in Latest Business Stories,Photos & Videos | Read More »

BSP seen to raise key rates

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Bangko Sentral ng Pilipinas building INQUIRER FILE PHOTO

The spike in last month’s inflation may force Bangko Sentral ng Pilipinas (BSP) to tighten its monetary policy further.

Posted: June 7th, 2014 in Editor's Pick,Headlines | Read More »

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