Philippines to Intervene More Forcefully in Streaks of Weak Peso

Philippines to Intervene More Forcefully in Streaks of Weak Peso



Philippines to Intervene More Forcefully in Streaks of Weak Peso
The Philippine central bank is intervening more forcefully during periods of extended peso weakness as part of a new strategy, gradually moving away from day-to-day intervention, Governor Eli Remolona said.


www.bloomberg.com
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