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Economy

Philippine central bank eyes emergency meeting to tame prices

Governor vows 'immediate strong action' to stem sliding peso and inflation

Bangko Sentral ng Pilipinas (Central Bank of the Philippines)  said it will take "immediate strong action" to fight against inflation and the weakening peso.   © Reuters

MANILA -- The Philippine central bank is considering to hold an extraordinary policy meeting this month to fight rising prices and the falling peso.

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