* Financial markets in Singapore, Japan closed for holidays
* Philippine c.bank to keep policy accommodative
* Emerging FX fall on greenback strength
By Harish Sridharan
Aug 9 (Reuters) - Philippine stocks and the peso gained on
Monday after the country's central bank said it would keep
monetary policy loose for longer, while Asia's emerging
currencies weakened against a buoyant dollar.
The peso bucked the broader trend and gained 0.6%,
while local stocks rose 1.4% to be the top gainer in the
region after Bangko Sentral ng Pilipinas (BSP) forecast a strong
economic recovery in the second-quarter.
Philippine policymakers will meet on Thursday to decide on
key interest rates, while second-quarter economic data will be
released on Tuesday.
Governor Benjamin Diokno said the central bank would stay
accommodative for as long as needed to ensure a...
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