Metrobank tops Philippine rankings in local, global bond markets
Metrobank ranked first among Philippine banks and securities firms in the Local Currency Bonds and G3 Bonds categories of The Asset Benchmark Research Awards…
· 1 MIN READ
Topic
currency
Latest Daily Tribune news and analysis on currency.
BDO launches self-service forex machine at NAIA T3
The machine is available 24 hours a day and can accept up to 30 foreign currency bills per transaction. It authenticates bank notes and issues a receipt, with…
· 2 MIN READ
FCDU loans rise 5.6 percent in second quarter
The Bangko Sentral ng Pilipinas (BSP) said outstanding loans handled through foreign currency deposit units (FCDUs) reached $16.31 billion at end-June, up from…
· 2 MIN READ
Vietnamese national arrested over alleged currency exchange scam
A Vietnamese woman was arrested in Parañaque after allegedly failing to deliver P70,000 following a yuan-to-peso transaction arranged through a Telegram group.
· 1 MIN READ
Senate avoids replay of Corona impeach trial
The Senate impeachment court excluded Vice President Sara Duterte’s foreign currency deposits from subpoenaed financial records, citing lessons from the 2012…
· 2 MIN READ
FCDU loans slip 0.8% to $15.44 billion in Q1 2026
FCDU loans in the Philippines slipped 0.8% to $15.44 billion in Q1 2026 as weaker demand for foreign currency financing and higher repayments outpaced new…
· 1 MIN READ
FCDUs are exempt from estate tax
It is a fundamental rule in statutory construction that between a general law and a special law, the latter prevails because a special law reveals the…
· 3 MIN READ
BSP: Peso drop not inflationary yet
Eli M. Remolona Jr. says the peso’s depreciation amid Middle East tensions has not yet triggered significant inflation, as the Bangko Sentral ng Pilipinas…
· 2 MIN READ
FCDU loans rise on strong dollar demand – BSP
FCDU loans in the Philippines rose 2.9% to $15.56 billion in Q4 2025 on strong dollar demand, BSP data show. Learn how exporters, transport and power firms are…
· 2 MIN READ
When the peso falls: High earners are not protected; they are just the last ones to notice
The higher your income, the more exposed you actually are. You just do not feel it the same way.
· 3 MIN READ
Vanishing yuan
Experts warn that shifting trade settlements from dollars to yuan, combined with limited local yuan reserves, could expose the Philippines to inflation and…
· 2 MIN READ
BOC reminds travelers of currency declaration regulations
The Bureau of Customs reminds travelers of rules on carrying Philippine and foreign currencies. Amounts over $10,000 or P50,000 require declaration, or risk…
· 1 MIN READ
Evolution of money: From barter to stable coins
An orderly barter or an exchange of products or services of equal value for another has always been how societies have thrived.
· 3 MIN READ
Peso hits new record low amid market concerns
The Philippine peso fell to P59.17 against the dollar as market confidence declined due to corruption worries, marking a new record low.
· 1 MIN READ
P5.5 million undeclared cash seized at Mactan Airport
A Japanese traveler was intercepted at Mactan-Cebu International Airport for carrying P5.6M undeclared cash, with only P50,000 returned under BSP rules, the…
· 1 MIN READ
Phl GIR eases to $105.7B in July
The decline, from $106 billion to $105.7 billion, also reflected movements in the value of foreign assets, which include foreign-denominated securities,…
· 1 MIN READ