The Bangko Sentral ng Pilipinas raises key interest rates again to temper surging prices. But this comes at a cost, loans will get more expensive for those hoping to buy their own homes, cars, or fund their businesses' needs.<br /><br />Remittances from overseas Filipinos could also take a hit as the Central Bank's move should strengthen the peso against the mighty dollar. How are borrowers adjusting at a time of high borrowing costs?<br /><br />Your business is our business. Join our senior anchor Rico Hizon on The Exchange. <br /><br /><br />Visit our website for more #NewsYouCanTrust: https://www.cnnphilippines.com/<br /><br />Follow our social media pages:<br /><br />• Facebook: https://www.facebook.com/CNNPhilippines<br />• Instagram: https://www.instagram.com/cnnphilippines/<br />• Twitter: https://twitter.com/cnnphilippines
