#BSPinFocus: The Bangko Sentral ng Pilipinas (BSP) adopts a freely floating exchange rate regime.
In this video, BSP Governor Eli M. Remolona, Jr. explains the central bank only intervenes when fluctuations are very sharp and to counter “false narratives.”
Catch Governor Remolona’s full interview on One News PH: https://bit.ly/TLwithCY
#Forex #BSPUpdates