Philippines governor recounts emergency measures after Typhoon Haiyan

The aftermath of Typhoon Yolanda

The governor of the Central Bank of the Philippines, Amando Tetangco, yesterday said the bank was well placed to face the risks 2014 brings in global financial markets, with a "strategic presence in the FX market" and the ability to "implement targeted macroprudential measures".

Tetangco, speaking at the joint meeting of the Rotary Club of Manila and the Rotary Club of Makati-Forbes Park in Manila, also looked back at what was a difficult year for his country and the response of the central bank

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