Bangko Sentral cuts banks’ reserve requirement ratio by 250 bps to 9.5%
The Bangko Sentral ng Pilipinas on Thursday reduced the reserve requirement ratio of universal and commercial banks by 250 basis ...
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US bank expects Bangko Sentral to keep interest rates
Key interest rates are expected to remain untouched in the next policy meeting of the Bangko Sentral ng Pilipinas this ...
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Foreign reserves declined to $101.3b as of end-May
The Philippines’ gross international reserves declined to $101.3 billion as of end-May 2023 from $101.8 billion in April as the ...
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For Independence Day
The Bangko Sentral ng Pilipinas displays the commemorative coin set for the 125th Anniversary of Philippines Independence at the Ceremonial ...
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Low inflation, US debt deal to lift stocks
Share prices are expected to get a boost from the progress of the US debt deal and the upcoming release ...
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Gov’t backs Paleng-QR cashless payments
The administration is 100 percent behind a program developed by the Department of the Interior and Local Government (DILG) and ...
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BSP to start offering 56-day bills on June 30
The Bangko Sentral ng Pilipinas said Friday it will start offering 56-day BSP bills on June 30, 2023 as part ...
Read moreBSP expects inflation to fall further in May
Inflation likely eased further to as low as 5.8 percent in May from 6.6 percent in April following the rollback ...
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Gatchalian: Nat’l ID sufficient for banks
Senator Sherwin Gatchalian called on the Bangko Sentral ng Pilipinas (BSP) to remind banks that Republic Act 11055 or the ...
Read moreApril hot money posted $352-m net outflows
Foreign portfolio investments or hot money posted net outflows of $352 million in April, a reversal from the $1.4-billion net ...
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