The country’s money supply is expected to normalize this year as a result of the completion of the operational adjustment the special deposit accounts (SDA) facility, a high-ranking official of the Bangko Sentral ng Pilipinas (BSP) said on Tuesday.
On the sidelines of the Euromoney Philippines Investment Forum, BSP Governor Amando Tetangco Jr. said that after months of robust growth, the domestic liquidity or M3 has started to decelerate.
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