Benjamin E Diokno: Opening remarks – “Money talks -what every Filipino should know about the history of Philippine money” Opening remarks by Mr Benjamin E Diokno, Governor of Bangko Sentral ng Pilipinas (BSP, the central bank of the Philippines), at the Virtual Numismatic Event, 11 November 2021.
With turmoil in global financial markets continuing, downside risks to the U.S. and the world economy continue to be high. The current state of inflation and its outlook I will now turn to the topic of developments in prices in Japan. The twelve-month increase in the CGPI recorded 5.6 percent in June due mainly to the rises in prices of steel and petroleum products.