
BSP clarifies stance amid peso depreciation
Market forces, not BSP intervention caused peso slide to P58.9 against the US dollar.
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Market forces, not BSP intervention caused peso slide to P58.9 against the US dollar.
· 1 min read

Analysts and traders expect the bank to plough ahead with a quarter percentage-point cut, lowering its key lending rate to between 3.75 percent and 4.00…
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Senator Sherwin Gatchalian on Wednesday raised concerns over a proposed P6.3-billion budget cut for the government’s emergency employment program, Tulong…
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The Bureau of the Treasury (BTr) fully awarded all bids for Treasury bills (T-bills) in Monday’s auction, raising the full program amount of P25 billion amid…
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‘It’s important that while we’re providing support to the labor market, that we continue to lean against any potential persistence in inflation, whether that…
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Under the RRDWR, power distributors will be subject to a formula that determines annual revenue requirements based on validated operating costs and capital…
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The proposal comes after Gatchalian flagged P10.3 billion worth of allegedly overpriced farm-to-market road projects during the Department of Agriculture’s…
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Local shares are expected to trade cautiously next week as investors monitor global interest rate signals and weak trading volume, online brokerage 2TradeAsia…
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The Philippine Stock Exchange index (PSEi) closed nearly unchanged for the second straight session on Friday, 17 October 2025, as investors weighed mixed…
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The expected price rollback is around P0.30 per liter for gasoline, P1.10 per liter for diesel, and P0.65 per liter for kerosene.
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If power unexamined is corruption’s softest bed, Sara Duterte is tainting the integrity of her office.
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In 2023 and 2024, a staggering P141 billion in unprogrammed appropriations was reportedly used to fund flood control projects — now at the center of a sweeping…
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Data from the PNP’s Crime Research and Analysis Center indicated 8,988 focus crime incidents were recorded nationwide during the third quarter of 2025.
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The proposed budget of the Office of the Vice President (OVP) is poised to incur another cut after Vice President Sara Duterte snubbed the final day of the…
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Nosy Tarsee overheard House leaders lambasting the Department of Budget and Management (DBM) over the agency’s alleged failure to vet hundreds of billions of…
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Without regulation, some borrowers previously faced crushing repayment burdens, with effective interest rates soaring to triple digits annually.
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The flood control controversy had weakened the peso, which retreated to the 58-level on 25 September.
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WARSAW, Poland (AFP) — A Polish real estate group hopes to tackle the country's falling birth rate by rewarding clients who conceive babies in its hotels.
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