Taken together – price stability, maintained stability of the exchange rate and the provision of additional liquidity to banks also contributed to the preservation of business and consumer confidence, while the moratorium led to higher disposable income of corporates and households.
Benjamin E Diokno: The role of capital markets in championing the sustainability agenda Speech by Mr Benjamin E Diokno, Governor of Bangko Sentral ng Pilipinas (BSP, the central bank of the Philippines), at the OMFIF-DZ Bank Sustainability Symposium, 3 March 2021.