ABSNEWS 05/16 6:53 PM
The net loss of the BSP swelled in 2012 as the monetary authority struggled with declining revenues from gold sales, as well as huge expenses from interest payments and heavy dollar purchases. Based on BSPs unaudited financial statement, its net loss rose by 183 percent last year.
The net loss of the BSP swelled in 2012 as the monetary authority struggled with declining revenues from gold sales, as well as huge expenses from interest payments and heavy dollar purchases. Based on BSPs unaudited financial statement, its net loss rose by 183 percent last year.
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