The Philippines' foreign currency reserves fell to a nine-month low in January 2025 due to the central bank’s foreign exchange interventions and the national government’s debt payments.

The central bank attributes the lower surplus to a higher trade deficit and net foreign borrowings by the national government ...

The Palawan Group of Companies (PGC) has collaborated with Bangko Sentral ng Pilipinas (BSP) to advance financial literacy ...

MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) will double down on its efforts to promote digital payments in the country by eventually weaning the country from its dependence on ...

The steady inflation rate will allow the Bangko Sentral ng Pilipinas (BSP) to further reduce interest rates to boost consumer ...

Qualified firms were allowed to operate under the BSP’s “test and learn” or regulatory sandbox framework. BMI said traditional Philippine telcos are seeing fluctuating top-lines due to increased ...

The Monetary Board will also factor in the January inflation print during its February 13 policy meeting BAGUIO, Philippines – Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona said ...

BSP Governor Eli Remolona Jr. said that by moving away from per-transaction fees, the Philippine central bank aims to maximise the benefits of network externalities, where each new participant ...

MANILA, Philippines — The country’s foreign exchange ... according to the Bangko Sentral ng Pilipinas (BSP). However, the latest figure was 1.5 percent lower than the $108.49 billion as ...