Philippines: Term deposit rates mixed as oil, ASF fan inflation fears

MANILA, Philippines — Term deposits fetched mixed results yesterday as the weekend attack on the oil production facilities in Saudi Arabia allegedly perpetuated by Iran fanned inflation concerns. The yield of the seven-day term deposits eased by 1.63 basis points to 4.3323 percent from last week’s 4.3486 percent, while that of the 28-day tenor also […]

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