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Business > Top Business
BSP seen shifting peso-dollar stance
By Niña Myka Pauline Arceo
Feb 26, 2025 12:43 am

THE Bangko Sentral ng Pilipinas (BSP) could opt to pick up the pace of interest rate cuts late this year, HSBC Global Research said, potentially allowing greater peso volatility to support economic growth.

The report by economist Aris Dacanay and foreign exchange (FX) strategist Lenny Jin said the BSP would be prioritizing economic expansion over currency stability by narrowing the policy rate differential with the US Federal Reserve (Fed).

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