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Philippine Central Bank Ready to Amend Policy If Needed

Discussion in 'Banking - Investing - Finances' started by Rye83, Sep 4, 2015.

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  1. Rye83

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    MANILA—The Philippine central bank said Friday it is watching the impact of recent market volatility on domestic liquidity, adding that it is ready to amend monetary policy if needed to ensure sufficient money supply.

    Inflation in the first eight months of the year stood at 1.7%, below the Bangko Sentral ng Pilipinas’ target range of 2.0%-4.0%, after the consumer-price index slowed to a two-decade low of 0.6% in August.

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    Rye83, Sep 4, 2015
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