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Thursday, October 5, 2017

Japan readying emergency yen lifeline to Philippines

October 05, 2017 0 comments
Japan will lend yen to the Philippines in addition to dollars in the event of a financial crisis under a new currency agreement, a move meant to buffer bilateral trade from the vagaries of U.S. monetary policy. Under a standing agreement to be updated Friday, Japan can provide the Philippines wit...

Japan readying emergency yen lifeline to Philippines
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