Credit rating upgrade 'a vote of confidence' on Philippines: economist
Cathy Yang, ABS-CBN News
Updated as of May 01 05:14 PM
The upgrade was “well-deserved” after the Bangko Sentral ng Pilipinas raised the benchmark borrowing rate by 175 basis points in 2018 to tame inflation, he said. Inflation slowed for the fifth straight month in March.
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