Rates Outlook: Dealing with a tug-of-war
Volatility in geopolitics continues to be high, with unfortunate consequences for the rest of the world
by Metrobank
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(Editor’s Note: This outlook is subject to updates.)
Matthew Apostol, Investment Counselor, Financial Markets Sector, Metrobank, said the geopolitical turmoil in the Middle East will likely keep the peso above the 60 level. The recommendation is to buy on dips since the situation still favors the greenback.