The Philippine central bank increased its benchmark interest rate and signaled it was ready to deliver more hikes, with the Iran war likely to spur inflation beyond the official target through next year.
The Philippine central bank increased its benchmark interest rate and signaled it was ready to deliver more hikes, with the Iran war likely to spur inflation beyond the official target through next year.
The Bangko Sentral ng Pilipinas headquarters in Manila.
JPMorgan Chase & Co. said it will add Philippine local-currency bonds to its widely tracked emerging-market index early next year, a move expected to draw billions of dollars in foreign investment and help spur the nation’s economy.
JPMorgan Chase & Co. said it will add Philippine local-currency bonds to its widely tracked emerging-market index early next year, a move expected to draw billions of dollars in foreign investment and help spur the nation’s economy.
Philippine one thousand-peso banknotes are arranged for a photograph in Manila, the Philippines, on Wednesday, Aug. 29, 2012. The Philippine peso fell for a second day and bonds advanced before a government report that economists predict will show economic growth slowed last quarter.
Anmelden
