Philippines: Weak peso, lower revenues cut BSP profit in 7 mos
MANILA, Philippines — Efforts to temper currency fluctuations as well as lower revenues pulled down the earnings of the Bangko Sentral ng Pilipinas (BSP) in the first seven months of the year as the peso emerged as the worst performing currency in the region. The net income of the BSP fell 22.4 percent to P8.5 […]
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