GlobalSource: BSP rate hike aimed at inflation, not peso

Inquirer.net - Nov 4, 2026

MANILA, Philippines — New York-based GlobalSource Partners noted that the Bangko Sentral ng Pilipinas should not see its recent rate hike as peso defense, stressing that the main goal of monetary policy is price stability. In a report, GlobalSource analyst Diwa Guinigundo said the peso’s recent recovery from record lows, following President Marcos’ pledge to defend

Read full article
More News

About Us

Always dynamic, always updated, The Witness Daily ensures minute-by-minute update to the most pressing issues, curated specifically to cater to critical newsreaders of our time.

Newsletter

Copyright © 2015 - 2026 The Witness Daily. All Rights Reserved.