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                    [ArticleID] => 194822
                    [Title] => BSP to stick to inflation targeting as primary policy
                    [Summary] => The Bangko Sentral ng Pilipinas (BSP) has ruled out the possibility of twiddling with monetary policies in reaction to the gyrations in the peso-dollar exchange rate, saying that inflation targeting would remain as its primary policy framework.


Banks have been speculating that the fluctuations of the peso would soon compel the BSP to either adjust its policy rates or move its reserve requirement and tiering policy.


                    [DatePublished] => 2003-02-10 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] =>  Des  Ferriols
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 194555
                    [Title] => War jitters pull peso down to two-year low of 54.10 to $1
                    [Summary] => The peso tumbled to a fresh two-year low of 54.10 to $1 in early trading yesterday but recovered slightly at the end of session to close at 53.94, slightly higher than Thursday’s close of 53.98.


Yesterday’s drop was the peso’s weakest intraday low since Jan. 19, 2001 when it went down to 54.40 to the greenback. 


Traders said that growing concerns over the likelihood of war in the Middle East, where about 1.4 million Filipinos work, have added to the pressure on the peso which has been on a steep downtrend since May 2002.


                    [DatePublished] => 2003-02-08 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] =>  Des  Ferriols
                    [SectionName] => Headlines
                    [SectionUrl] => headlines
                    [URL] => 
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ARMANDO TETANGCO

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                    [ArticleID] => 194822
                    [Title] => BSP to stick to inflation targeting as primary policy
                    [Summary] => The Bangko Sentral ng Pilipinas (BSP) has ruled out the possibility of twiddling with monetary policies in reaction to the gyrations in the peso-dollar exchange rate, saying that inflation targeting would remain as its primary policy framework.


Banks have been speculating that the fluctuations of the peso would soon compel the BSP to either adjust its policy rates or move its reserve requirement and tiering policy.


                    [DatePublished] => 2003-02-10 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] =>  Des  Ferriols
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 194555
                    [Title] => War jitters pull peso down to two-year low of 54.10 to $1
                    [Summary] => The peso tumbled to a fresh two-year low of 54.10 to $1 in early trading yesterday but recovered slightly at the end of session to close at 53.94, slightly higher than Thursday’s close of 53.98.


Yesterday’s drop was the peso’s weakest intraday low since Jan. 19, 2001 when it went down to 54.40 to the greenback. 


Traders said that growing concerns over the likelihood of war in the Middle East, where about 1.4 million Filipinos work, have added to the pressure on the peso which has been on a steep downtrend since May 2002.


                    [DatePublished] => 2003-02-08 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] =>  Des  Ferriols
                    [SectionName] => Headlines
                    [SectionUrl] => headlines
                    [URL] => 
                )

        )

)

abtest

BSP to stick to inflation targeting as primary policy

By Des Ferriols | February 10, 2003 - 12:00am

The Bangko Sentral ng Pilipinas (BSP) has ruled out the possibility of twiddling with monetary policies in reaction to the gyrations in the peso-dollar exchange rate, saying that inflation targeting would remain...

Business

War jitters pull peso down to two-year low of 54.10 to $1

By Des Ferriols | February 8, 2003 - 12:00am

The peso tumbled to a fresh two-year low of 54.10 to $1 in early trading yesterday but recovered slightly at the end of session to close at 53.94, slightly higher than Thursday’s close of 53.98. Yesterday’s...

Headlines