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Quotations
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Jonathan Ravelas Quotes
«The change itself should be positive for the market.»
Author: Jonathan Ravelas
«The peso attempted to breach the 53 level for the first time in over two years. The next target would be for the peso to reach the 52-to-a-dollar level.»
Author: Jonathan Ravelas
«The flows are getting bigger. We're sending more workers and we're sending more teachers compared with entertainers. So when they remit, it's bigger.»
Author: Jonathan Ravelas
«The central bank is trying to combat persistent inflationary pressures. This is a signal to the market that interest rates have bottomed out and we should expect more increases.»
Author: Jonathan Ravelas
«This will be taken positively by the market. Investors have been worried about the government's finances.»
Author: Jonathan Ravelas
«We are seeing the government's commitment to solve its fiscal problems more aggressively. That will translate to more investments.»
Author: Jonathan Ravelas
«The rising geo-political risks in Iran and Nigeria have put pressure on oil prices, raising concerns that inflation might escalate again.»
Author: Jonathan Ravelas
«It is a calibrated and preemptive response to rising inflation. They are more concerned with containing inflation pressures arising from higher value-added tax and crude oil prices.»
Author: Jonathan Ravelas
«There's still an upside for the peso.»
Author: Jonathan Ravelas
«The strong remittances and additional government spending this year should help mitigate the adverse impact of additional taxes and high oil prices on consumer spending.»
Author: Jonathan Ravelas
