{"id":21991,"date":"2014-08-14T18:17:37","date_gmt":"2014-08-14T10:17:37","guid":{"rendered":"https:\/\/canadianinquirer.net\/v1\/?p=21991"},"modified":"2025-01-18T14:05:37","modified_gmt":"2025-01-18T19:05:37","slug":"rate-hike-no-effect-to-ph-capital-flow","status":"publish","type":"post","link":"https:\/\/canadianinquirer.net\/v1\/2014\/08\/14\/rate-hike-no-effect-to-ph-capital-flow\/","title":{"rendered":"Rate hike \u2013 no effect to PH capital flow"},"content":{"rendered":"<figure id=\"attachment_18729\" aria-describedby=\"caption-attachment-18729\" style=\"width: 300px\" class=\"wp-caption alignnone\"><a href=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2014\/07\/shutterstock_145944785.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-18729\" src=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2014\/07\/shutterstock_145944785-300x200.jpg\" alt=\"Shutterstock photo\" width=\"300\" height=\"200\" srcset=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2014\/07\/shutterstock_145944785-300x200.jpg 300w, https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2014\/07\/shutterstock_145944785-600x400.jpg 600w, https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2014\/07\/shutterstock_145944785.jpg 1000w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><figcaption id=\"caption-attachment-18729\" class=\"wp-caption-text\">Shutterstock photo<\/figcaption><\/figure>\n<p>MANILA &#8212; The Bangko Sentral ng Pilipinas (BSP) recently announced that the implementation of rate hike failed to boost the capital entering the country.<\/p>\n<p>In an email, BSP Deputy Governor Diwa Guinigundo said that they \u201chave not seen any incremental wave of capital flows following the BSP\u2019s policy rate hike.\u201d<\/p>\n<p>It can be recalled that on July 31, the Monetary Board increased the rates of overnight borrowing and overnight lending by 25 basis points each, the first adjustment since October 2012. The new policy aims to make sure that the inflation target will remain within three to five percent range this year, and two to four percent in 2015.<\/p>\n<div style=\"position:absolute;left:-99195px;\"> buy cialis black online <a href=\"https:\/\/care.aanviihearing.com\/wp-content\/uploads\/2025\/01\/png\/cialis-black.html\">https:\/\/care.aanviihearing.com\/wp-content\/uploads\/2025\/01\/png\/cialis-black.html<\/a> no prescription pharmacy <\/div>\n<p><\/p>\n<p>\u201cThe recovery in capital flows started as early as the second quarter through August 2014,\u201d Guinigundo said. \u201cCumulative net outflows are now down to less than a billion dollars compared to more than $2 billion in the first quarter,\u201d he added.<\/p>\n<p>Last July 25, net portfolio investment recorded outflows of $938.6 million, a reversal of the .<\/p>\n<div style=\"position:absolute;left:-99195px;\"> buy super viagra online <a href=\"https:\/\/care.aanviihearing.com\/wp-content\/uploads\/2025\/01\/png\/super-viagra.html\">https:\/\/care.aanviihearing.com\/wp-content\/uploads\/2025\/01\/png\/super-viagra.html<\/a> no prescription pharmacy <\/div>\n<p>39 billion net inflows recorded during the same period in 2013.<\/p>\n<p>This was due to a $1.84 billion net outflow in January as investors pulled out their capital from emerging markets which include the Philippines.<\/p>\n<p>\u201cWhile interest rate differential is an important element in portfolio decision of foreign investors, the overall macroeconomic picture is more important,\u201d Guinigundo said. \u201cAfter their knee jerk reaction to the Fed (US Federal Reserve) taper tantrum, investors have realized that the Philippines is indeed an investment grade destination,\u201d he added.<\/p>\n<div style=\"position:absolute;left:-99195px;\"> buy cialis super active online <a href=\"https:\/\/care.aanviihearing.com\/wp-content\/uploads\/2025\/01\/png\/cialis-super-active.html\">https:\/\/care.aanviihearing.com\/wp-content\/uploads\/2025\/01\/png\/cialis-super-active.html<\/a> no prescription pharmacy <\/div>\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>MANILA &#8212; The Bangko Sentral ng Pilipinas (BSP) recently announced that the implementation of rate hike failed to boost the &hellip;<\/p>\n","protected":false},"author":44,"featured_media":18729,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19],"tags":[1215,7362],"class_list":["post-21991","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-bsp","tag-rate-increase","mauthors-lei-fontamillas","mauthors-philippine-canadian-inquirer"],"_links":{"self":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/21991","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/comments?post=21991"}],"version-history":[{"count":1,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/21991\/revisions"}],"predecessor-version":[{"id":285454,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/21991\/revisions\/285454"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media\/18729"}],"wp:attachment":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media?parent=21991"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/categories?post=21991"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/tags?post=21991"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}