LATEST: 🇵🇭The Philippines just sold ₱6.39 BILLION in 364-day Treasury bills as borrowing costs surge. This comes as the central bank hiked its policy rate to 4.5%, its first rate hike in over 2 years. It's currency also recorded its lowest value ever at ₱61.69 per $1. April inflation is set to hit a 2-year high of 5.5%.(Coin Bureau)