‘BSP should avoid rate hikes to defend peso’
The Bangko Sentral ng Pilipinas should avoid using interest rate hikes primarily to defend the peso and instead keep monetary policy focused on inflation, according to Manulife Investments Philippines, as elevated US yields and broad dollar strength continue to pressure the local currency.
Source: Philstar Biz
https://www.philstar.com/business/2026/10/06/2561128/bsp-should-avoid-rate-hikes-defend-peso