Peso 'not a laggard'

Peso 'not a laggard' – BSP exec

Jun 21, 2024 12:28 am

THE peso's current weakness is in line with movements of other regional currencies and monetary authorities stand ready to act if needed, a Bangko Sentral ng Pilipinas (BSP) official said on Thursday.

'The movement of the peso is not volatile,' BSP Senior Assistant Governor Iluminada Sicat told reporters on the sidelines of a Manila Times economic forum.

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