Tag: forex
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Forex buffer hits over 2-year high of $105.6B
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THE COUNTRY’S gross international reserves (GIR) jumped to $105.65 billion as of end-July, its highest level in over two years, the Bangko Sentral ng Pilipinas (BSP) said.
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BSP seeks to curb forex speculation
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THE BANGKO SENTRAL ng Pilipinas (BSP) will only intervene in the foreign exchange (forex) market to “control the speculation,” its top official said.