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Medalla eyes  50 basis point hike in interest rates in August  to combat inflation

July 8, 2022 No Comments

Bangko Sentral ng Pilipinas (BSP) Governor Felipe Medalla is open to a 50 basis point increase in the central bank’s key rates in August to accelerate its inflation-fighting efforts.

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Inflation soars at red-hot pace

May 5, 2022 No Comments

The country’s Inflation hit a three-year high of 4.9 percent in April as food and energy prices continued to soar, breaching the central bank’s two

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Bank of Japan hikes inflation forecast on soaring energy prices

May 1, 2022 No Comments

Japan’s central bank hiked its full-year inflation forecast on Thursday but cautioned that it sees rising prices, driven by a surge in commodity costs caused

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Myanmar exempts foreign firms, embassies from forex rule

April 21, 2022 No Comments

Myanmar’s junta will exempt foreign companies, embassies and international NGOs from a new directive ordering that foreign currency earned in the country must be exchanged

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Russia’s economic outlook worsens: central bank survey

April 21, 2022 No Comments

Russia’s economic outlook has worsened as a central bank survey on Thursday showed a deeper contraction than previously expected and inflation soaring to 22 percent

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Policy rate hike still possible in H2 with rising PH inflation

April 5, 2022 No Comments

A policy rate hike in the second half of the year remains on the horizon for monetary authorities as the jump in inflation rate last

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Diokno: BSP eyes incentives for banks providing green finance

January 17, 2022 No Comments

The Bangko Sentral ng Pilipinas (BSP) is looking to offer sweeteners to local banks that embrace sustainability principles. The incentives include the potential use of

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Diokno to explain to Malacañang why it failed to meet 2-4% inflation target

January 5, 2022 No Comments

Bangko Sentral ng Pilipinas Governor Benjamin Diokno is set to explain to President Rodrigo Duterte why the central bank failed to meet its two to

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India’s cryptocurrency legislation: what we know

November 24, 2021 No Comments

by Nivrita GANGULY The Indian government wants to ban all private cryptocurrencies, with some exceptions, to pave the way for a digital money controlled by

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India announces bill to ban cryptocurrencies

November 24, 2021 No Comments

India’s government will introduce a bill to ban private cryptocurrencies and create a framework for a central bank-backed digital money, parliament said in a shock

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