The recent falls should be taken as an opportunity to buy ahead of the index change in April.
More Quotes from Jonathan Ravelas:
The risk to the administration seems to be dissipating ... we will probably see a more stable market next week.Jonathan Ravelas
The central bank is trying to combat persistent inflationary pressures. This is a signal to the market that interest rates have bottomed out and we should expect more increases.
Jonathan Ravelas
This is good news but we can't say at this point that a recovery is now underway. We want to see first how exports will perform in the next two to three months before we can make any conclusion.
Jonathan Ravelas
We are seeing the government's commitment to solve its fiscal problems more aggressively. That will translate to more investments.
Jonathan Ravelas
The rising geo-political risks in Iran and Nigeria have put pressure on oil prices, raising concerns that inflation might escalate again.
Jonathan Ravelas
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