BSP loosens FX controls to lure foreign capital
Feb 23, 2016
BSP reforms rate regime; CIRC liberalises life insurance premiums; RBI proposes differential deposit premiums
Bangko Sentral ng Pilipinas (BSP) is instituting reforms to make its private banking sector more responsive to central rate cuts; China's Insurance Regulatory Commission (CIRC) has liberalised its pricing system for life insurance products; and the Reserve Bank of India (RBI) proposes differential deposit premiums.
BSP to introduce interest rate corridor by 2016 Q2
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