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New swap market in the Philippines goes live

The enhanced peso interest rate swap (IRS) market launched in October by the Bangko Sentral ng Pilipinas (BSP) and Bankers Association of the Philippines (BAP) is set to go live Monday, Nov. 18, ...
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Philippines, Japan renew bilateral currency swap deal

MANILA, Philippines — The Philippines and Japan have renewed an agreement to trade one currency for another at a preset rate over a given period. The Bangko Sentral ng Pilipinas (BSP) and the Bank of ...