Fed's moves impacting peso–Fitch Solutions | Bianca Cuaresma and Jovee Marie de la Cruz - BusinessMirror
6/28/2022 12:00:00 AM2 years 10 months ago
by Bianca Cuaresma, Jovee Marie de la Cruz
by Bianca Cuaresma, Jovee Marie de la Cruz
In a recent research note, it said the tightening of global monetary conditions has exerted significant downside pressure on the Philippine peso. “This will also likely prompt the BSP to hike interest rates to prevent the currency from weakening too much,” th…
In a recent research note, it said the tightening of global monetary conditions has exerted significant downside pressure on the Philippine peso. This will also likely prompt the BSP to hike interes… [+4477 chars]
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