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× Inflation aggravated by weak peso but yearend relief coming, says BSP

Some of the price increases that have pushed the country's inflation rate to its highest in nearly a decade can be attributed to a weak peso, which has been on a downtrend since the start of the year, according to Bangko Sentral ng Pilipinas Deputy Gov. Diwa Guinigundo.

An interest rate rate hike -- which market watchers expect to be announced after next week's Monetary Board meeting --- may help…