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

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GlobalSource: BSP rate hike aimed at inflation, not peso

More News

Gatchalian pushes OK of bill barring public execs’ kin from gov’t deals

Lacson: Upon arrest, dela Rosa must be brought to local court before ICC

Palace to jail authorities: Uphold law amid Romualdez ‘jailbreak’ row

Robinsons Land starts work on 29-story Bridgetowne office tower

Vince Dizon says he is recruiting MMDA’s Gabriel Go to join DOTr

DA: Flawed farm-to-market road data came from Nat’l Expenditure Program

17 areas in Negros Occidental suspend classes due to extreme heat

2 dead in creek after suspected Ilocos Norte motorcycle crash

Sotto wants clear rules on prolonged unauthorized absences of senators

ERC hits 13 gencos with show-cause orders over outages

Lacson warns ‘kapalmuks’ testing public patience anew over 2027 budget

Canva announces workforce changes affecting over 1K employees

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