ReePrime
Higher interest rates | The Exchange

Hosted by Dailymotion. For legal issues report at the Copyright Center, report us on DMC, or use the Instant Removal tool.

Higher interest rates | The Exchange

C
CNN Philippines

15 Views • Nov 18, 2022

Description

The Bangko Sentral ng Pilipinas raises key interest rates again to temper surging prices. But this comes at a cost, loans will get more expensive for those hoping to buy their own homes, cars, or fund their businesses' needs.

Remittances from overseas Filipinos could also take a hit as the Central Bank's move should strengthen the peso against the mighty dollar. How are borrowers adjusting at a time of high borrowing costs?

Your business is our business. Join our senior anchor Rico Hizon on The Exchange.


Visit our website for more #NewsYouCanTrust: https://www.cnnphilippines.com/

Follow our social media pages:

• Facebook: https://www.facebook.com/CNNPhilippines
• Instagram: https://www.instagram.com/cnnphilippines/
• Twitter: https://twitter.com/cnnphilippines