Philippine foreign reserves hit 15-month low as BSP defends peso
The country’s foreign reserves fell to a 15-month low as the Bangko Sentral ng Pilipinas (BSP) battled a weakening local currency.
· 2 MIN READ
Daily TribuneTopic
The country’s foreign reserves fell to a 15-month low as the Bangko Sentral ng Pilipinas (BSP) battled a weakening local currency.
· 2 MIN READ
External debt, meanwhile, jumped 4.81 percent to P5.95 trillion from P5.68 trillion, as the peso’s depreciation inflated the peso equivalent of foreign…
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The 7.2 percent April headline inflation print reported by the Philippine Statistics Authority (PSA) on Monday may prompt the central bank to preemptively…
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The Philippine Stock Exchange Index (PSEi) slipped to 5,898.08, down 0.74 percent, as investor sentiment turned cautious following a hotter-than-expected…
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At the heart of this mandate lies a tension that must be constantly managed: the duty to inform the public, and the duty to protect the process.
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When people call on the President, Vice President, and other top officials to release their SALNs, the response is often delay, deflection, or outright…
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A certain old-money holding firm has been found by Nosy Tarsee to be staring down a refinancing wall that could test even its most loyal bankers.
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The Bangko Sentral ng Pilipinas (BSP) has ordered banks and other financial institutions to conduct regular cybersecurity self-assessments, as part of a…
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The central bank’s latest Senior Bank Loan Officers’ Survey showed that a majority of banks will keep existing credit assessment criteria for both business and…
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The US being the world’s largest economy, decisions by the Federal Reserve have significant spillover effects on other central banks. While the Fed and the…
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The benchmark Philippine Stock Exchange Index (PSEi) resumed its decline, slumping to 5,833.64 (-1.26 percent) as investors ended the shortened trading week in…
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Which well-known paper-and-stationery-to-agri conglomerate, long helmed by a late Tsinoy tycoon celebrated as a self-made success story and hybrid rice…
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The Bangko Sentral ng Pilipinas (BSP) projects April headline inflation to settle within 5.6 to 6.4 percent, marking another monthly surge in overall prices as…
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The Bangko Sentral ng Pilipinas (BSP) and BDO Foundation have partnered to roll out a financial education program aimed at improving money management among…
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The Bangko Sentral ng Pilipinas (BSP)’s recent decision to hike interest rates may help curb rising inflation, according to Michael Ricafort, chief economist…
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The Bangko Sentral ng Pilipinas (BSP) and BDO Foundation have partnered to roll out a financial education program aimed at improving money management among…
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UnionBank of the Philippines has launched a new feature on its mobile app that allows customers to open a Personal Equity and Retirement Account (PERA),…
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College educational loans have mired many American students in deep debt after graduation.
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