Money supply will continue growing at a brisk pace in the coming months, helped by policy tweaks set in motion by monetary authorities earlier this year, a Bangko Sentral ng Pilipinas official said, citing that inflation will stay benign despite the robust liquidity circulating in the financial system."We can expect that we will be having a robust growth in M3 for a few months. This is the result of the recent refinement in our monetary operations or procedures," central bank Deputy Governor Diwa Guinigundo told reporters Tuesday. ...
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