monetary

Thanks in part to ADB research.

Using German and Argentinian bonds to solve Philippine debt problems.

In another aggressive move, the Philippine monetary board lowered key interest rates by another 50 basis points even as Bangko Sentral (central bank) defended its governorÆs right to the post.

The Philippine monetary board lowered key interest rates by 50 basis points effective Monday, in a move that paralleled the US Federal ReserveÆs cut last Wednesday.

The Monetary Authority of Singapore has significantly rolled-back restrictions governing the internationalization of the SGD.