Marcos Won’t Spend All Reserves on Peso, Sees 6% Growth by 2028

Marcos Won’t Spend All Reserves on Peso, Sees 6% Growth by 2028

Philippine President Ferdinand Marcos Jr. signaled that his government will tolerate weakness in the peso, saying there is a limit to their defense of the currency as market forces drive up the dollar.

(Bloomberg) Philippine President Ferdinand Marcos Jr. signaled that his government will tolerate weakness in the peso, saying there is a limit to their defense of the currency as market forces drive … [+4806 chars]

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Marcos Won’t Spend All Reserves on Peso, Sees 6% Growth by 2028 - FHMnews