Philippines central bank to further ease foreign exchange rules


MANILA, Aug 14 (Reuters): The Philippine central bank had announced this week that it would ease foreign exchange rules by streamlining documentary requirements and approvals for transactions to facilitate digital payments and support the government's infrastructure programme.

The measures, which will take effect 15 days after their publication, are part of a wider liberalisation programme it rolled out in past years to make regulations more in tune with the needs of the economy.

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