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The Philippines joins the list of countries hiking rates to ward off inflation, boosting its...

Mar. 24, 2011 11:14 AM ETiShares MSCI Philippines ETF (EPHE)EPHEBy: Stephen Alpher, SA News Editor
The Philippines joins the list of countries hiking rates to ward off inflation, boosting its benchmark 25 basis points to 4.25%. Inflation recently embarked on a new leg higher, jumping to 4.3% in February after averaging 3.8% in 2010. EPHE is flat, but -9.6% YTD.

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