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Philippine stock index rises over 1% as analysts expect central bank to cut rates by 25 bps

Philippine stock index rises over 1% as analysts expect central bank to cut rates by 25 bps

Bitget2024/08/09 09:08


The Philippine stock index rose more than 1 per cent on Friday. Next week the Philippine central bank will announce its interest rate resolution, and despite the country's strong inflation, analysts expect the central bank to cut rates.

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