Rates Outlook: Seeing a narrower range 

(Editor’s Note: This outlook is subject to updates.)

Maria Christina “Yna” Virtudazo, Investment Counselor, Financial Markets Sector, Metrobank, described how the dollar-peso caught the waves coming from market sentiments on Japan’s incoming prime minister and the surprise rate cut of the Bangko Sentral ng Pilipinas last week. This week, we may see a narrower range in the 58 level, with a possibility of reaching the all-time high of 59.