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
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