Financial Market
Name: Joseph A. Nariz Jr. Course&Year: BSA-2B Date: March 23, 2020
1. With the global threat of COVID 19, how is the Philippines foreign exchange market
affected? Explain well the economic implications.(25 points)
2. Recently, the BSP reduced lending rates in the country. Has this monetary policy affected
the foreign exchange market? How and why? (25 points)
3. Choose one from these banks (Citibank; Barclay and JP Morgan) found guilty of rigging
the foreign exchange market. Research online their “story”. Limit your paragraph to 150
words. (50 points)