The central bank expects inflation to average 6.0% in 2023 and 2.9% in 2024.
(Reporting by Neil Jerome Morales; Editing by Kanupriya Kapoor)
(Adds c.bank governor comments in paragraph 3, background in
paragraph 4)
MANILA, March 24 (Reuters) - The Philippine central bank
can focus on fighting inflation as the peso is not a problem,
its governor said on Friday.
Robust foreign exchange inflows are supporting the peso,
Bangko Sentral ng Pilipinas (BSP) Governor Felipe Medalla said
in a speech at a thrift bankers' event.
The BSP will do everything in its power to bring
inflation below 4% next year, he said.
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