Dewagacor99
The BSP can intervene in the foreign exchange market by selling some dollars from its reserves to ease any sharp depreciation of the peso.
With the peso trading in the 57 territory over the past weeksโthe weakest in 18 monthsโ the BSP had been actively intervening in the foreign exchange market recently, but โin small amounts.โ
The BSP maintains one of the best track records of defending the currency resolutely and has ample reserves at its disposal.
Dewagacor99The state weather bureau said that the country is currently in a “neutral phase” after El Niรฑo ended earlier this month. According to PAGASA’sย weather services chief Climatology and Agrometeorology Division, Thelma Cinca,ย their El Niรฑo-Southern…
Dewagacor99The Department of Foreign Affairs (DFA) on Tuesday said it has yet to confirm the reportedย death of a Filipino sailorย following last week’s attack by Yemen’s Houthi rebels on a bulk…
