- February 22, 2025
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The Philippines has officially been removed from the Financial Action Task Force (FATF) “grey list”, signaling a major step in the country’s efforts to combat money
- January 31, 2025
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BAGUIO CITY – The Bangko Sentral ng Pilipinas (BSP) is considering a policy rate cut in its upcoming Monetary Board meeting on February 13, depending on
- January 31, 2025
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The Bangko Sentral ng Pilipinas (BSP) retired a total of ₱685.6 billion worth of banknotes in 2024, citing their unfitness for circulation, the central bank reported
- January 23, 2025
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The Philippine peso is projected to weaken further, possibly breaching the ₱60:$1 threshold, as the country grapples with a widening trade deficit and declining remittances due
- January 4, 2025
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The Bangko Sentral ng Pilipinas (BSP) announced that its Monetary Board will reduce the frequency of its policy-setting meetings to six per year in 2025, down
- December 28, 2024
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The Bangko Sentral ng Pilipinas (BSP) expects the country’s inflation rate to rise for the third consecutive month in December, driven by supply constraints from recent
- December 19, 2024
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The Philippine peso slid further against the US dollar on Thursday, closing at a record-low ₱59:$1, a level last seen on November 26 and originally recorded
- December 19, 2024
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The Bangko Sentral ng Pilipinas (BSP) announced a 25-basis-point cut to key policy rates on Thursday, marking the third consecutive easing in its monetary policy. Effective
- November 18, 2024
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The Bankers Association of the Philippines (BAP) has officially launched the enhanced Peso Interest Rate Swap (IRS) market today, November 18, with 16 banks committing to
- September 30, 2024
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The Bangko Sentral ng Pilipinas (BSP) is collaborating with local banks to eliminate interbank transaction fees, a move aimed at reducing financial burdens on consumers, according
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