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Philippines to ride out Fed storm on ample buffers, policy space
Published Fri, May 27, 2016 · 09:50 PM
Manila
THE Philippines has enough firepower to fight shocks including excessive capital outflows should the US raise interest rates and the global economy falter, says central bank deputy governor Diwa Guinigundo.
"We will be able to ride out these eventualities," Mr Guinigundo said in an interview on Friday at his office in Manila.
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