
Philippines tops global gold sellers in first half of 2024
Despite surging gold prices, the Bangko Sentral ng Pilipinas reduced its reserves by nearly 25 tons in six months
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Despite surging gold prices, the Bangko Sentral ng Pilipinas reduced its reserves by nearly 25 tons in six months
· 2 min read

BoP surplus increased to $88 million as of August from $62 million in July, leading to a cumulative surplus of $1.6 billion surplus in the first eight months…
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Under Republic Act 11055, the BSP is tasked with assisting the Philippine Statistics Authority, the lead agency for the ID project, in the customization and…
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A significant drop in weekly jobless claims to 219,000 also bolstered hopes for a U.S. soft landing.
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The RRR has remained high at 9.5 percent. In May, Remolona said the BSP was studying to bring down the RRR to 5 percent
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Total bids totaling P96.3 billion or 3.2 times bigger than its full program of P30 billion were registered by the BTr. The T-bond’s average rate settled at…
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Personal remittances from overseas Filipinos in July grew 3.2 percent to $3.43 billion from $3.32 billion a year earlier as inflation rose again.
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The Philippine Statistics Authority (PSA) has urged the public to report establishments that refuse to accept the digital version of the National…
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The Federal Reserve is gearing up to announce its first interest rate cut for more than four years on Wednesday, with policymakers expected to debate how big a…
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Islamic banking applies Shari’ah principles or Islamic law practiced by Muslims
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The Bangko Sentral ng Pilipinas (BSP) said it marked a milestone with the third anniversary of PhilPaSSplus, the real-time gross settlement (RTGS) system.
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The BSP can closely monitor developments in the digital banking industry and obtain a broader perspective as these banks mature further in their operations.
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Headline inflation in July accelerated due to higher food and utility costs, the Philippine Statistics Authority (PSA) said on Tuesday.
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The number of unemployed Filipinos increased month-on-month in May 2024 as more workers in the agriculture sector lost jobs during the month.
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Bank of the Philippine Islands (BPI) expects a slightly better inflation rate for the full year at 3.5 percent from 3.7 percent, following a…
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