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Obituaries

Philippine central bank chief Espenilla dies from cancer

Governor raised interest rates five times in 2018 to fight inflation

Philippine Central Bank governor Nestor Espenilla died Saturday after undergoing treatment for cancer for more than a year, the bank announced.      © Reuters
MIKHAIL FLORES, Nikkei staff writer | Philippines

MANILA -- The Philippine central bank governor, Nestor Espenilla, a career banker who rose through the ranks to reach the top, has died after a battle with cancer. He was 60.

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