Why Philippines Cut Special Deposit Account Rate

Jan. 24 (Bloomberg) -- Philippines Central Bank Governor Amando Tetangc talks with Bloomberg's Rishaad Salamat about the bank's decision to refrain from cutting benchmark borrowing costs, opting instead to reduce the rate on special deposit accounts to curb capital inflows that threaten to create asset-price bubbles. They speak on Bloomberg Television's "On The Move Asia." (Source: Bloomberg)
Opposition Leader Ahead in Nigeria Presidential Election
15:05 - Bloomberg’s Pimm Fox reports on today's top headlines on “Money Clip.” (Source: Bloomberg)
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