BANGKOK: The Thai baht and the Philippine peso have lagged all their South-East Asian peers this year. This may continue as inflation readings could reinforce their central banks as two of the biggest doves in the region.
Bangko Sentral ng Pilipinas (BSP) is weighing a reduction in the reserve requirement ratio while some members of the Bank of Thailand’s (BoT) policy committee see a need for another rate cut.
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