Originally published byPhilippine Daily Inquirer
MANILA, Philippines – The Philippine peso is expected to continue to underperform as the Middle East conflict drags on, MUFG Bank Ltd. said, adding that a prolonged war could push inflation to as high as 10 percent and trigger aggressive interest rate hikes from the Bangko Sentral ng Pilipinas (BSP). In a report, MUFG analysts […]...
Keep on reading: Peso tipped to weaken further, possibly sinking past 62 vs $1
Keep on reading: Peso tipped to weaken further, possibly sinking past 62 vs $1
🇵🇭
More news from PhilippinesPhilippines
ASIA
Related News
SC orders Senate to answer plea to release flood mess report
3h ago
Coco Gauff returns to Italian Open final, faces Elina Svitolina
3h ago
Erwan Heussaff asserts blindly defending politicians is ‘red flag’ in friendships
3h ago
Invy, PRX nears return to VCT Masters after win vs. KRX
3h ago
Will artificial intelligence solve wealthy nations' debt woes?
3h ago