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MANILA, Philippines — Nagsara ang palitan ng piso kontra dolyares sa pinakamababa nitong antas simula Oktubre 2022 matapos dumulas patungong P58.27, ayon sa pinakahuling datos ng Bankers Association of the Philippines.
MANILA, Philippines — Bangko Sentral ng Pilipinas (BSP) Chairman of the Monetary Board and Governor Eli Remolona Jr. poked fun at the BSP handing out portions of the country's gold reserves, a week after nearly a thousand people flocked to the BSP to supposedly claim trillions in "hidden wealth."
MONETARY authorities will likely hold fire anew during today's policy meeting given the latest inflation and growth results, Finance Secretary Ralph Recto said.
MONETARY authorities will cut key interest rates by 25 basis points (bps) once inflation settles around the midpoint of the target range, the chief of the Bangko Sentral ng Pilipinas (BSP) said.
MANILA, Philippines — Executives of the Bangko Sentral ng Pilipinas have dominated anew the Commission on Audit (COA)’s annual list of highest paid government officials, with BSP Governor Eli Remolona Jr. topping the list with a net pay of P35.48 million last year.
MOST Asian central banks are anticipated to delay reducing policy rates due to the region's sensitivity to capital flows and exchange rates relative to interest rates in the United States.
MANILA, Philippines — The Philippine economy is likely to grow at a faster pace this year, but it would still be below the government’s goal of six to seven percent as rate hikes continue to constrict demand, Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona Jr. said.
INFLATION could have exceeded target last month due to higher food and energy prices, the Bangko Sentral ng Pilipinas (BSP) said on Monday.