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Tag: Deputy Governor Diwa Guinigundo

BSP says growth target of at least 7% doable this year

Bangko Sentral ng Pilipinas Deputy Governor Diwa Guinigundo said the government’s economic growth target range of 7 percent to 8 percent for 2019 is...

PH economy to grow faster than those in Southeast Asia

Government officials told Hong Kong and US investors the Philippine economy will continue to grow faster compared with its peers in the region. A Philippine...

Guinigundo: Economy still resilient despite several external challenges

Bangko Sentral ng Pilipinas Deputy Governor Diwa Guinigundo assured international investors that the Philippine economy remains resilient despite the range of global economic challenges...

Peso slumps to 13-year low of 53.80 vs US dollar

The peso extended its slump Thursday, hitting the lowest level in nearly 13 years at 53.80 against the US dollar, in line with the...

BSP raises interest rates by 25 bps

The Monetary Board, the policy-making body of the Bangko Sentral ng Pilipinas, on Wednesday raised for the second time this year the benchmark overnight...

BSP eases forex regulations further

The Bangko Sentral ng Pilipinas on Friday said it further liberalized the foreign exchange regulations in which certain transactions will no longer require prior...

CMAP plans to exchange credit data with Asean countries

The 400-member Credit Management Association of the Philippines said Tuesday it plans to have a wider coverage of credit information by exchanging financial data...

Inflation to stabilize in the coming months–Guinigundo

THERE is no enough reason at the moment to tweak the current monetary policy stance as inflation will continue to be manageable and stabilize...

Inflation to remain manageable–BSP

Bangko Sentral ng Pilipinas Deputy Governor Diwa Guinigundo said he expects inflation rate to remain manageable although it is expected to peak in the...

BSP not changing inflation rate goal

BANGKO Sentral ng Pilipinas is not considering changing its current inflation target of 2 percent to 4 percent to maintain the trajectory of the...

BSP to release new coins before yearend

The Bangko Sentral ng Pilipinas will start distributing the first batch of new-generation coins before the end of 2017, Deputy Governor Diwa Guinigundo said...

Peso set to decline to 51.30 by end ‘17

THE peso will depreciate to 51.30 per dollar by yearend as imports will continue to increase and eventually weigh down on the local currency. Mark...

BSP says tax reforms to lift economic growth

Bangko Sentral ng Pilipinas Deputy Governor Diwa Guinigundo said Tuesday the tax reform program of the government will lift economic growth in the next...
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