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The Philippine central bank raised its benchmark interest rate by a quarter of a percentage point, slowing the pace of its rate increases from previous meetings despite stubbornly high inflation.
The Philippine central bank is forecasting the country's current account deficit to narrow to 3.3% of gross domestic product ...
The central bank has now cut rates by 125 basis points since the beginning of the easing cycle in August last year. Thursday’s decision comes after the U.S. Federal Reserve held its rates steady.
The Philippine central bank is monitoring currency transactions for potential speculation as part of its efforts to mitigate the peso’s volatility, Finance Secretary Benjamin Diokno said.
The Philippine central bank raised its key policy rate by 75 basis points on Thursday and signalled more rate hikes ahead, worried by potential threats to the economy from a weakening peso and ...
Philippines' central bank has given its approval to digital currency exchange Coins.ph to pilot a Philippine Peso backed stablecoin called PHPC, the company said last week. BTC $ 97,044.47 ...
The new governor of the Central Bank of the Philippines (Bangko Sentral ng Pilipinas, or BSP) is likely to be tested early on, as the Philippine economy faces mounting headwinds. Growth slowed sharply ...
Credit: Wikimedia Commons/Rocky3068 The Land Bank of the Philippines and the Development Bank of the Philippines (DBP), the two largest state-owned banks in the country, are planning to merge by ...
In response to persistent supply shocks, the Central Bank of the Philippines may resume monetary tightening as early as November, according to a statement made by the bank's Governor, Eli Remolona ...
MANILA -- The Philippine central bank continued its monetary easing cycle, cutting its policy rate by 25 basis points to 5.5% on Thursday in the wake of the developing U.S. trade war.
Bangko Sentral ng Pilipinas, the central bank of the Philippines, had initially expressed concerns about transparency in governing the MIF, but it now backs the fund’s creation.
MANILA (Reuters) -The Philippine central bank reduced its key interest rate by 25 basis points on Wednesday for a second meeting, and left the door open to further cuts with medium-term inflation ...