'Thorns' in PH's 'beautiful' growth story?

Posted at Feb 13 2013 05:24 PM | Updated as of Feb 14 2013 01:24 AM

Watch also in iWantv or TFC.tv

Bangko Sentral ng Pilipinas deputy governor Diwa Gunigundo says he's confident government policies and programs will earn the Philippines investment grade rating this year. He said this is "a tipping point" for the Philippines.

An investment grade rating could just make the Philippines more attractive to foreign investors. That would boost the flow of dollars that has already made the peso one of the region's strongest currencies, hurting dollar earners like OFWs, exporters, BPOs and even the tourism industry.

The BSP has already taken various steps to curb dollar inflows. ANC News Now, February 13, 2013