MANILA – The governor of the Philippine central bank said on Thursday that inflation expectations were well anchored and that it would monitor foreign exchange markets to ensure price moves were not excessive.
“Inflation expectations continue to be well anchored. Underlying fundamentals remain sound,” Amando Tetangco said in an telephone text message to reporters ahead of the central bank’s policy meeting on Thursday.
“Therefore, we continue to be watchful of market conduct, including price movements in the FX market to ensure these are not excessive and that these remain consistent with overall price and financial stability objective.”
The Philippine central bank is expected to keep its policy rate steady at 3.5 percent for a fifth meeting in a row, but six of 13 analysts polled by Reuters see a possible cut in the special deposit account (SDA) rate to help ease pressure on its balance sheet. –Reuters
August 12 –
International Youth Day
“Empowering youth,
building generations!”
Invoke Article 33 of the ILO Constitution
against the military junta in Myanmar
to carry out the recommendations of the 2021 ILO Commission of Inquiry
against serious violations of protocols of
Forced Labour and Freedom of Association.
Accept the National Unity Government (NUG)
of Myanmar. Reject Military!
#WearMask #WashHands
#Report Corruption #SearchPosts #TakePicturesVideos
August –
Aug 1-7 World breastfeeding week
Aug 9 – International Day of the World’s Indigenous Peoples
Aug 12 – International youth day
Aug 19 – World humanitarian day
Aug 23 – International Day for the Remembrance of the Slave Trade and Its Abolition
Monthly Observances:
Farms Safety Month
Breastfeeding Awareness Month
Weekly Observances:
Aug 17-23: Made in the Philippines
Product Week
Aug 29-Sept 5: Rice and Corn Week
Daily Observances:
Aug 1: Family Planning Day
Aug 9: National Indigenous Peoples Day
Aug 12: International Humanitarian Law Day
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