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BSP’s first-half profit surges nearly five times

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The Bangko Sentral ng Pilipinas (BSP) saw its bottom line surge during the first semester, boosted by sizable gains from currency trading at a time of a weaker peso.

The central bank posted a P29.45 billion net income as of end-June, nearly five times the P6.55 billion it made during the comparable period in 2017. — M.T. Lopez









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