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PH external debt service up 22% in August

By Lee C. Chipongian Payment of the country’s external debt went up by 22.59 percent in August at $4.56 billion compared to the same period…




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BSP TDF auction undersubscribed as banks keep cash

By Lee C. Chipongian The central bank’s term deposit facility (TDF) was undersubscribed yesterday for the first time since the weekly auction was introduced in…