- December 23, 2022
- Czar Villarama
The Bangko Sentral ng Pilipinas (BSP) is advising Filipinos to utilize digital money when sending aguinaldos to their friends and families during Christmas time as
- November 8, 2022
- Czar Villarama
The Bangko Sentral ng Pilipinas has reported that an estimated 519.93 metric tons of “unfit, demonetized, mutilated and counterfeit” (UDMC) coins have been retired
- October 27, 2022
- Czar Villarama
The Bangko Sentral ng Pilipinas (BSP) is evaluating the limit to which the public can use the ₱20 coin as legal tender and if
- October 5, 2022
- Czar Villarama
With the US Federal Reserve delivering huge rate hikes to counter inflation, an economist predicts the peso hitting ₱62 to $1 by the end of
- August 23, 2022
- Czar Villarama
To improve the country’s coin circulation in the economy, the Bangko Sentral ng Pilipinas (BSP) is planning to install coin deposit machines located in retail
- April 26, 2022
- Marco Suarez
A new design for the ₱1,000 bill was released in circulation on April 18, 2022, despite the criticisms it received. Since 1991, when the ₱1,000 bill
- April 11, 2022
- Joaquin Reloj
According to the Bangko Sentral ng Pilipinas (BSP), pilot circulation of the new polymer banknotes will be done in phases beginning next month with the ₱1000
- March 9, 2022
- Joaquin Reloj
As the Russia-Ukraine conflict persists it also continues to have a significant effect on foreign exchange rates and currency volatility. On Monday, the Philippine peso dropped
- March 9, 2022
- Joaquin Reloj
As the Russia-Ukraine conflict persists it also continues to have a significant effect on foreign exchange rates and currency volatility. On Monday, the Philippine peso dropped
- December 14, 2021
- Marco Suarez
The Bangko Sentral ng Pilipinas (BSP) has issued a statement reminding all authorized banks to accept “mutilated or doubtful” currencies from the public, pursuant to the
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