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Philippines more vulnerable to ‘super’ El Niño, Fed hike

THE PHILIPPINES may emerge as one of the more vulnerable Asian economies once the “super” El Niño hits and the US Federal Reserve tightens, with domestic uncertainties adding weight, MUFG Global Markets Research said. In a report on Tuesday, MUFG Senior Currency Analyst Michael Wan flagged three risks for the Philippine economy including the potentially […]

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Source: bworldonline.com

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