Finance › Speeches › Eli M Remolona

Rising to the challenge - the Bangko Sentral ng Pilipinas

· Eli M Remolona, Governor of the Bangko Sentral ng Pilipinas (Philippines)

Summary written by Dark Majestic in its own words · topics: monetary policy and interest rates, inflation and price stability

EM
· Eli M Remolona Wiki · Bangko Sentral ng Pilipinas WikiRising to the challenge - the Bangko Sentral ng Pilipinas

ContextSpeech at the Philippine Economic Briefing in Laoag City; Bangko Sentral ng Pilipinas keeps prices stable and faces high inflation.

Why it mattersRemolona explains how the central bank fights inflation and peso pressure.

Problems raised
  1. Inflation is high in the Philippines.
  2. Exchange rate pressure exists.
  3. Banks must support sustainability.
Solutions proposed
  1. Keep monetary policy tight enough.
  2. Manage exchange rate volatility.
  3. Encourage sustainable banking.
Read full speech on bis.org ↗

More from Eli M Remolona · Bangko Sentral ng Pilipinas · all speeches

More speeches by Eli M Remolona

Other leaders on monetary policy and interest rates