BSP tightening cycle likely not over, BPI says
The Bangko Sentral ng Pilipinas (BSP)'s tightening cycle is far from over despite its unprecedented 50-basis-point “jumbo” rate hike last Thursday, with…
· 2 MIN READ
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Bangko Sentral ng Pilipinas
Latest Daily Tribune news and analysis on Bangko Sentral ng Pilipinas.
Remolona: BSP not hiking rates to defend peso
Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona Jr. maintained the central bank’s hands-off approach to the Philippine peso, saying it does not use…
· 2 MIN READ
BSP delivers ‘jumbo’ 50-basis-point rate hike
The central bank has now raised rates in its last four monetary policy meetings, bringing its key policy rate to 5.50 percent.
· 3 MIN READ
BSP hikes alone won’t solve inflation, former DOF secretary warns
Another interest rate hike by the Bangko Sentral ng Pilipinas (BSP) at its 22 October meeting would be an appropriate response to surging inflation, former…
· 2 MIN READ
Growth rebound may give BSP room to hike rates
A rebound in Philippine economic growth in the second half of the year could strengthen the case for further interest rate hikes by the Bangko Sentral ng…
· 2 MIN READ
Foreign reserves fall to three-year low as BOP deficit widens
The Philippines’ gross international reserves (GIR) fell to $99.5 billion at end-September, while the balance of payments (BOP) deficit widened to $9.1 billion…
· 2 MIN READ
Guinigundo urges Philippine terms in Pax Silica deal
Former Bangko Sentral ng Pilipinas (BSP) official Diwa Guinigundo has urged the government to ensure the proposed Pax Silica initiative delivers tangible…
· 2 MIN READ
Peso slide raises prospect of "jumbo" BSP hike
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BSP may end tightening cycle after next hike – PNB
The Bangko Sentral ng Pilipinas (BSP) may end its monetary policy tightening cycle after its meeting next Thursday, 22 October, following another expected rate…
· 2 MIN READ
OFW cash remittances rise 1.9 percent in August
Cash remittances from overseas Filipino workers (OFWs) rose by 1.9 percent year on year to $3.03 billion in August, bringing inflows in the first eight months…
· 2 MIN READ
BSP shifts to Basel III operational risk standards
The Bangko Sentral ng Pilipinas (BSP) is tightening its risk-based capital framework for banks, adopting a new Basel III standard that will require lenders to…
· 2 MIN READ
BSP sees BOP deficits in 2026 and 2027
The Philippines’ balance of payments (BOP) deficit is projected to reach $9.2 billion this year and $8.5 billion in 2027 as elevated oil prices, transport…
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BSP: foreign investments plunge 44.1 percent in July
Foreign direct investment (FDI) inflows into the Philippines fell by 44.1 percent year on year to $689 million in July, bringing the seven-month total to $4.07…
· 2 MIN READ
BSP puts economy ahead of public sentiment
Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona Jr. said the central bank’s policy decisions must prioritize the overall well-being of the economy over…
· 2 MIN READ
Phl to adopt global bond pricing rules in January 2027
The Bureau of the Treasury (BTr), Bangko Sentral ng Pilipinas (BSP), Securities and Exchange Commission (SEC), Insurance Commission (IC), Philippine Dealing…
· 2 MIN READ
September foreign reserves fall to lowest level since 2023
The Philippines' foreign reserves dropped below $100 billion in September, marking the lowest level since 2023 due to central bank operations, government…
· 2 MIN READ
Phl foreign reserves fall to lowest level since 2023 in September
Preliminary data released by the Bangko Sentral ng Pilipinas (BSP) on Wednesday evening showed GIR settling at $99.997 billion at end-September, down from…
· 2 MIN READ