BSP sees little chance of aggressive policy tightening, says governor
Economy
2026年7月28日
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Interaksyon Politics

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BSP sees little chance of aggressive policy tightening, says governor

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Philippine central bank Governor Eli Remolona stated there is only a "little chance" of aggressive policy tightening. He attributed the peso's weakness to broader global currency depreciation against the U.S. dollar.

MANILA — The Philippine central bank sees only a small chance of an aggressive policy tightening, its governor said on Tuesday. “There is a chance, but only little,” Bangko Sentral ng Pilipinas Governor Eli Remolona told reporters. He also said the weakness in the peso reflected broader global currency depreciation against the U.S. dollar. —Reporting by Mikhail Flores; Editing by John Mair

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