New York-headquartered Fitch Ratings has affirmed the country’s investment-grade credit rating of ‘BBB’ and revised the outlook to ‘stable’ from ‘negative.’
The sovereign has maintained...
The shortfall created by the country’s foreign currency spending versus its foreign currency earnings moderated to only $148 million in April from the year...
The policy-making Monetary Board of the Bangko Sentral ng Pilipinas on Thursday kept its benchmark interest rate unchanged at 6.5 percent, effectively validating market...