Philippines Warns of FX Risks as Big Firms Face $26 Billion Debt Bill
Philippine financial regulators are sounding off potential foreign exchange risks as big conglomerates face large debt maturities of about 1.6 trillion pesos ($26 billion) over the next three years.
By Cliff Harvey Venzon · Bloomberg Markets
Philippine financial regulators are sounding off potential foreign exchange risks as big conglomerates face large debt maturities of about 1.6 trillion pesos ($26 billion) over the next three years.