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Philippines May Consider Rate Increase in June, Diokno Says

  • Philippines can afford to wait for Fed actions, governor says
  • Peso depreciation not a concern, RRR cut is still on the table
A food stall across the road from an entrance to the Bangko Sentral ng Pilipinas headquarters complex in Manila.

A food stall across the road from an entrance to the Bangko Sentral ng Pilipinas headquarters complex in Manila.

Photographer: Veejay Villafranca/Bloomberg
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The Philippine central bank may consider raising its key interest rate in June, Governor Benjamin Diokno said.