The Bangko Sentral ng Pilipinas is closely watching the impact of the ongoing war between Israel and Hamas on global economic growth, oil prices and the movement of the peso.
MANILA, Philippines — The Bangko Sentral ng Pilipinas is closely watching the impact of the ongoing war between Israel and Hamas on global economic growth, oil prices and the movement of the peso.
“I think so far, it hasn’t really affected oil prices… but it may have spillover effects on global growth,” he warned. This week witnessed a significant oil price rollback, while the peso has remained stable at an exchange rate of 56 to $1 over the past few weeks.Inflation averaged 6.6 percent from January to September this year, well above the BSP’s two to four percent target range. After easing for six straight months to 4.7 percent in July from a peak of 8.7 percent last January, inflation has accelerated for two consecutive months to 5.3 percent in August and further to 6.1 percent in September.
Natural and man-made disasters have caused $3.8 trillion in crop and livestock loses over 30 years, the UN's Food and Agricultural... Several private school associations are up in arms against proposals in Congress to pass a law that will prohibit educational... Isuzu Philippines Corp. continues to upgrade its offerings to the Philippine market as it launches the D-MAX Limited pickup truck.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Blinken tells Israel US ‘always by your side’ in war vs. HamasDefining the News
Baca lebih lajut »
Hamas attack on Israel a fatal miscalculation, analysts sayIn its bloody assault on Israel, Hamas was aiming to break a stalemate in Gaza, analysts say, but with its neighbor now determined to eradicate the Islamist group, it may have made a fatal mistake.
Baca lebih lajut »
Israel calls thousands of army reservists amid war against HamasIsrael has called up over 300,000 army reservists to fight back against Palestine militant group Hamas, the Israel Defense Forces says.
Baca lebih lajut »
US 'always by your side', Blinken tells Israel in war with HamasSecretary of State Antony Blinken vowed unwavering US support for Israel in its war on Hamas.
Baca lebih lajut »
Celebrities from Madonna to Gigi Hadid respond to Israel-Gaza warCelebrities have been expressing their horror over Hamas's attack and Israel's bombardment of Gaza.
Baca lebih lajut »