{
Eli Remolona

People

}
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001122334455554433221100

Philippine central bank plans rate cuts amid global economic uncertainty

The Philippine central bank is poised for further rate cuts, with Governor Eli Remolona indicating a potential quarter-point reduction in December. He also suggested the possibility of cumulative cuts totaling 100 basis points next year, despite uncertainties stemming from Donald Trump"s election win.
bloomberg.com
United States Dollar Philippine Central Bank PHL Donald Trump Eli Remolona
Finance & Economy, News Article
04:22 19.11.2024

Philippines enhances capital market to sustain economic growth and investment options

The Philippines is enhancing its capital market by reintroducing interest rate swaps and expanding bond repurchase agreements to create alternative loan pricing benchmarks. This initiative aims to support financing for major projects, including a potential nuclear facility revival and infrastructure development, while reducing reliance on bank loans. Bangko Sentral ng Pilipinas Governor Eli Remolona is leading these efforts to sustain the country's rapid economic growth.
Bloomberg.com
Bangko Sentral ng Pilipinas PHL Eli Remolona
Finance & Economy, Market Report
05:50 25.10.2024
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