Higher interest rates | The Exchange

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The Bangko Sentral ng Pilipinas raises key interest rates again to temper surging prices. But this comes at a cost, loans will get more expensive for those hoping to buy their own homes, cars, or fund their businesses' needs.

Remittances from overseas Filipinos could also take a hit as the Central Bank's move should strengthen the peso against the mighty dollar. How are borrowers adjusting at a time of high borrowing costs?

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