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The Philippine central bank on Wednesday announced a new set of foreign exchange guidelines aimed at strengthening its market surveillance. This move comes weeks after the peso neared a record low, prompting the need for stricter monitoring and regulation of foreign exchange activities. The central bank also amended foreign exchange reporting rules as part of the new guidelines.
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The Philippine central bank on Wednesday announced a new set of foreign exchange guidelines seen to strengthen its market surveillance weeks after the peso neared a record low. https://t.co/Tg7lYOiuXb