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Forex loans rise to $16.3 billion in Q2

Banks’ foreign currency loans rose by 5.6 percent to $16.31 billion in the second quarter from $15.44 billion in the previous quarter, driven mainly by stronger borrowing by exporters and other industries, the Bangko Sentral ng Pilipinas said.

We haven't written up this one. Philippine Star Business has the full story — the link below goes straight to it.

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