Remolona: BSP not hiking rates to defend peso
‘We do intervene a little bit in the foreign exchange market, but that’s mainly to avoid swings in the exchange rate that tend to be inflationary.’
· 2 MIN READ
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BSP Money Museum
Latest Daily Tribune news and analysis on BSP Money Museum.
BSP delivers ‘jumbo’ 50-basis-point rate hike
Inflation played a major role in the BSP’s raising interest rates by 50 basis points to 5.50 percent. ‘We took this decisive action because we forecast that…
· 3 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.
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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…
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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…
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Peso slide raises prospect of "jumbo" BSP hike
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BSP may end tightening cycle after next hike — PNB
‘We expect the BSP to raise the Target RRP Rate by 25 bps to 5.25 percent at its next policy meeting. This could mark the end of the current tightening cycle…
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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
BSP sees BoP deficits in 2026 and 2027
‘These deficits highlight the shock from elevated oil and commodity prices, which continue to weigh on the country’s external position.’ — Bangko Sentral ng…
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BSP shifts to Basel III operational risk standards
The Bangko Sentral ng Pilipinas (BSP) is adopting a new Basel III capital framework requiring banks to better account for operational risks, including…
· 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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Foreign investments plunge 44.1 percent in July — BSP
Foreign direct investment inflows into the Philippines fell 44.1 percent year on year to $689 million in July 2026, bringing total net inflows for January to…
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BSP backs ASEAN campaign against online scams
The BSP has backed the Scam Ready ASEAN Program, an initiative targeting three million people across Southeast Asia to strengthen online scam prevention,…
· 2 MIN READ
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…
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BSP: Economy first before public sentiment
‘It’s far too easy for us to just please the crowd. The crowd seems to want low interest rates, strong peso, and low inflation,’ he said. ‘But we have to do…
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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