
It’s cold out there: why the Philippines is turning to NDFs
The Philippine central bank is resorting to a measure first implemented in the 1997 Asian Financial Crisis. Is this the first sign of a big chill in regional FX markets?

At International Monetary Fund’s annual meeting in Bali last week, Indonesian president Joko Widodo likened the drama in the global economy to the popular television series Game of Thrones.
Sign in to read on!
Registered users get 2 free articles in 30 days.
Subscribers have full unlimited access to CorporateTreasurer.
Not signed up? New users get 2 free articles per month, plus a 7-day unlimited free trial.
If you are a treasurer, CFO or senior professional at a corporate or SME, please register for free VIP access here.
Questions?
See here for more information on licences and prices, or contact [email protected].
© Haymarket Media Limited. All rights reserved.
Top news, insights and analysis every Tuesday & Thursday
Free registration gives you access to our email newsletters
for unlimited access to all articles, newsletters


