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2025-10-28 13:04:47
The Bangko Sentral ng Pilipinas (BSP) stated: "We will continue to maintain ample reserves. When we do participate in the market, it is primarily to mitigate inflationary fluctuations in the exchange rate over time, rather than to prevent short-term intraday fluctuations." The recent depreciation of the peso may reflect market concerns about a potential slowdown in economic growth, partly due to disputes over infrastructure spending and expectations of further monetary policy easing.
