MANILA, Philippines — Bangko Sentral ng Pilipinas Governor Eli Remolona Jr. remains unfazed by the hawkish signals from the US Federal Reserve, saying the BSP’s monetary policy decisions will be guided primarily by the Philippines’ own economic data rather than the Fed’s moves. At the same time, the central bank governor vowed to defend the peso from speculative attacks as the local currency weakened toward record lows. READ: Supercharged dollar sinks peso below 58 Speaking to reporters on Wednesday night, Remolona said the BSP is closely watching local developments in deciding when to cut its policy rate, which he previously […]...Keep on reading: BSP chief unfazed by U.S. Fed's hawkish signals