· Eli M Remolona Wiki · Bangko Sentral ng Pilipinas WikiInflation dynamics as influenced by the peso-dollar exchange rate
Read full speech on bis.org ↗ContextSpeech by Eli M Remolona, Jr, Governor of Bangko Sentral ng Pilipinas (BSP, the central bank of the Philippines), at the EJAP (Economic Journalists Association of the Philippines)-San Miguel Corp. Economic Forum, Manila, 8 July 2024.
Why it mattersThe Philippine governor explains how the peso's moves feed into inflation.
Problems raised
- The peso-dollar rate affects inflation.
- Supply shocks drive inflation.
- Investment needs stability.
Solutions proposed
- Provide a stable environment for investment.
- Manage exchange rate effects.
- Watch supply-driven inflation.