Peso to remain stable, says BSP chief | The Manila Times
WEB14 hours ago · October 11, 2024. Resize. THE peso is projected to stay "broadly stable" against the dollar, driven by a mix of external and internal factors, following a decline earlier this year. Bangko Sentral ng Pilipinas (BSP) Gov. Eli Remolona Jr. told The Manila Times that the currency would be "influenced by external factors such as the timing and pace ...
Foreign direct investments rose to $820M in July — BSP | GMA News …
WEB1 day ago · The BSP noted that foreigners’ net investments in debt instruments rose by 2.7% year-on-year to $610 million from $594 million. Non-residents’ reinvestment of earnings and their net investments in equity capital increased by 12.8% to $135 million from $120 million and 16.8% to $76 million from $65 million, respectively.
BSP cuts down interest rates to 6.25% - Philstar.com
WEBAug 15, 2024 · MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) on Thursday announced that it reduced key policy rates by 25 basis points (bps), going from 6.50% down to 6.25%. The BSP had retained...
BSP’s plan to scrap some transaction fees on digital payments …
WEBOct 2, 2024 · MANILA – The time to waive service fees on electronic fund transfers is long overdue, Senate President Francis Escudero said in backing the move of Bangko Sentral ng Pilipinas (BSP) to remove such charges for personal transactions and payments to micro, small and medium enterprises (MSMEs). "I could only hope that the thresholds will be higher and the coverage wider, to benefit more ...
1,000 flock to BSP to claim trillions of pesos from 'gold hoard'
WEBMay 8, 2024 · More than 1,000 people converged Wednesday at the Bangko Sentral ng Pilipinas (BSP) in Manila City to claim a staggering P130 trillion for the Filipino people — money which the financial institution said it cannot give away.
Philippine Peso Support at 58 Seen Holding as BSP Pushes Back
WEBMay 6, 2024 · Philippine Peso Support at 58 Seen Holding as BSP Pushes Back. BSP in the past has set limits of tolerance for peso weakness; Peso has rebounded as BSP said it’s ready to curb volatility
Philippine BSP Chief Backs Easy Liquidity After Rate Cut Signal
WEBMay 17, 2024 · A day after signaling the central bank’s readiness to pivot to monetary easing, Philippine central bank Governor Eli Remolona said he would like to see easier liquidity conditions as policy may ...
Bangko Sentral ng Pilipinas
WEBInflation Dynamics as Influenced by the Peso-Dollar Exchange Rate. July 08, 2024. Tweets by BangkoSentral.
BSP steps up attack on stubbornly high inflation; hikes rates by …
WEBFeb 16, 2023 · MANILA, Philippines — The Bangko Sentral ng Pilipinas unleashed a big rate hike on Thursday, stepping up its attack on inflation that unexpectedly got hotter last month. At its first rate-setting...
Price Stability - Bangko Sentral ng Pilipinas
WEBThe BSP decided to raise the key policy rate by 75 basis points (bps) to 5.0 percent. By raising the policy rate anew, the BSP aims to reduce the risk of inflation expectations further shifting away from the inflation target.