Philippine stocks closed marginally lower Tuesday as July inflation rate came in higher than expected, which could derail the much-anticipated interest rate cut this month.
The bellwether Philippine Stock Exchange index shed 1.49 points, or 0.02 percent, to close at 6,433.24, while the broader all-shares index inched up by 4.47 points, or 0.13 percent, to reach 3,520.94. As the July inflation rate came in slightly worse than expected, the Bangko Sentral ng Pilipinas indicated that government’s monetary policy would remain unchanged.
हमने इस समाचार को संक्षेप में प्रस्तुत किया है ताकि आप इसे तुरंत पढ़ सकें। यदि आप समाचार में रुचि रखते हैं, तो आप पूरा पाठ यहां पढ़ सकते हैं। और पढो: