Philippine Central Bank Sees No Urgent Move Needed

Philippine Central Bank Sees No Urgent Move Needed

Assessment

Interactive Video

Business

University

Hard

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The video discusses inflation forecasts for the Philippines, projecting a 3.4% rate for 2017 and a 3% rate for 2018. It highlights risks such as commodity price volatility, particularly oil. The Philippine Peso's performance is analyzed, noting factors like political noise and foreign exchange demand. Economic growth is driven by investments and consumption, with a focus on infrastructure and exports. The Central Bank's exchange rate policy is explained, emphasizing market response and inflation targeting.

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7 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the projected average inflation rate for 2018?

5%

4%

3%

2%

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which factor is NOT mentioned as affecting the Philippine Peso?

Interest rates

Tourism receipts

Demand for foreign exchange

Political noise

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What has contributed to the smaller surplus in 2016?

Reduced remittances

Higher exports

Increased consumption

Greater investment

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the Central Bank's stance on targeting the exchange rate?

They focus solely on political factors

They target a specific rate

They are agnostic to exchange rate movements

They intervene frequently

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How has the exchange rate pass-through to domestic inflation changed over time?

It fluctuates unpredictably

It has remained the same

It has decreased

It has increased

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the Central Bank's policy if exchange rate movements become excessive?

They immediately intervene

They consider official action

They allow market forces to prevail

They ignore it

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What has been the economic growth trend in the Philippines since 1999?

Consistent growth

Declining growth

Intermittent growth

Stagnant growth