The Bangko Sentral ng Pilipinas (BSP) said that it has enough measures to buffer the negative effects of global financial challenges on the country’s money supply.

“We have a package of measures that we could consider deploying should there be significant liquidity strains stemming from the challenges that could affect global financial markets, and more broadly the global economy,” BSP Governor Amando Tetangco Jr. said in an email to reporters.

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