Asia moves to calm markets as South Korea buys bonds, Manila holds surprise rate review
Inflatie
MANILA, March 26 : Asian central banks moved to shore up market confidence on Thursday, with South Korea announcing a 5 trillion won ($3.3 billion) emergency bond buyback while the Philippines held a surprise policy meeting, signaling its readiness to act if inflation pressures worsen. Both economies, heavily exposed to imported fuel, have come under strain from a surge in global oil prices triggered by the U.S.-Israel war on Iran. The Bangko Sentral ng Pilipinas, the first in Asia to convene
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