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Thailand and the Philippines – Currency Thoughts
Thailand and the Philippines October 16, 2024 The Central Bank of the Philippines‘ key interest rate was lowered by 25 basis points today to 6.0% in a follow-up to an initial 25-bp cut in August. A peak of 6.5% had been reached in August 2023 after increases totaling 100 bps in 2023 and 350 bps…
