Read this in The Manila Times digital edition.
THE Bangko Sentral ng Pilipinas (BSP) underscored the need to smoothen movements in the foreign exchange (forex) rate, as it reiterates the agency's commitment to ensure the country's broader financial stability.
"You got to come in and reduce the volatility," said BSP Governor Felipe Medalla during the "The Asset 17th Philippine Summit" held recently in Taguig City.
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