BOP yielded deficit of $895m in February
The country’s balance of payments position in the first two months remained at a surplus of $2.2 billion, a reversal ...
Read moreTag: Bangko Sentral ng Pilipinas
BSP expected to increase interest rate by another 25 bps this week
The Monetary Board, the policy-making body of the Bangko Sentral ng Pilipinas, is expected to raise the key interest rate ...
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Medalla: Local banks to withstand shocks from US lenders’ collapse
Bangko Sentral ng Pilipinas Governor Felipe Medalla said Monday the strong domestic banking system can withstand the possible shocks from ...
Read moreForeign debt rose by $4.84b to reach record $111b in 2022
Foreign debt climbed by $4.84 billion to hit a record $111.268 billion as of end-2022 from $106.428 billion a year ...
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Win wants BSP excluded as fund source for MIF
Senator Sherwin Gatchalian seeks the exclusion of the Bangko Sentral ng Pilipinas (BSP) as a fund source for the proposed ...
Read more2023 BOP target revised to $1-6-billion deficit
The Bangko Sentral ng Pilipinas said Friday it revised downward its 2023 balance of payments forecast to a deficit of ...
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BSP confident on domestic banks’ strength amid turmoil
The Bangko Sentral ng Pilipinas is confident that the domestic banking system will continue to be strong amid the latest ...
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Bank marketers group seeks stronger tieup with BSP
The Bank Marketing Association of the Philippines wants a stronger partnership with the Bangko Sentral ng Pilipinas in 2023 in ...
Read moreRemittances increased by 3.5% to $2.76b in first month of 2023
Remittances continued to rise in 2023, following a 3.6-percent growth in 2022 that supported the recovery of the economy. The ...
Read moreBSP likely to stay hawkish despite slower inflation, says Moody’s unit
The slight slowdown of February inflation to 8.6 percent a 14-year high of 8.7 percent in January may not be ...
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