Philippines maintains net creditor to IMF – report
The Philippines will continue to lend more to the International Monetary Fund (IMF) than it borrows, reflecting the…
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Bangko Sentral ng Pilipinas (BSP)
Philippines c. bank cuts interest rate by 25 bps
The Bangko Sentral ng Pilipinas (BSP) decided on Thursday to reduce its key policy rate by 25 basis points to 6.25…
Philippines inflation 4.4% up in July, casting doubt on rate cut
The Philippines' inflation rate unexpectedly climbed to 4.4 per cent in July, the Philippine Statistics Authority…
Philippine c. bank amends FX regulations
The Philippine central bank approved amendments to FX regulations, to facilitate timely reporting by banks for…
Philippines c. bank remains open to rate cuts
BSP Governor Eli Remolona is prepared to cut interest rates in August, despite recent inflation.
IMF praises Philippine economic resilience despite challenges
The International Monetary Fund (IMF) praised on Monday the Philippine economy’s resilience despite global…
Philippine peso weakens as c. bank signals policy shift
The Philippine peso dipped to its lowest level against the US dollar since November 2022, reflecting a shift in the…
Philippine c. bank keeps rates at 6.5%
The Philippine central bank kept the key interest rate at 6.50 per cent for the fifth meeting in a row, hinting at…
Philippines’ foreign reserves surge to $104b in March
The Philippines' gross international reserves (GIR) increased to $104 billion at the end of March from $102 billion…
