Philippine Central Bank Chief on Rate Cut, Economy
The Philippine central bank has delivered a fifth consecutive cut to its benchmark interest rate. BSP Governor Eli Remolona says the rate cut is intended to boost growth which suffered...
By Bloomberg Markets · Bloomberg Markets
The Philippine central bank has delivered a fifth consecutive cut to its benchmark interest rate. BSP Governor Eli Remolona says the rate cut is intended to boost growth which suffered due to the loss of confidence following a graft scandal. He speaks on Bloomberg's The China Show. (Source: Bloomberg)