foreign exchange

A woman counting bills after coming from a money changer

News, Payment

BSP renews campaign against unscrupulous money changers, revokes license of NIKKO Mart

calendar_today April 24, 2024 schedule 3 min read

Money changer NIKKO has reportedly committed “serious violations” of money laundering laws The Bangko Sentral ng Pilipinas (BSP) has taken decisive action against another unscrupulous. Read More...

Economy, News

End of January 2024 GIR level settles at US$103.4 billion, headline inflation dropped to 2.8% YOY

calendar_today February 9, 2024 schedule 3 min read

Based on preliminary data from the Bangko Sentral ng Pilipinas (BSP), the Philippines' gross international reserves (GIR) level has settled at US$103.4 billion as of. Read More...

Economy, News

HSBC analyst sees BSP maintaining peso value below the 57:1 level

calendar_today September 12, 2023 schedule 3 min read

According to a forex analyst from British banking giant HSBC, the Bangko Sentral ng Pilipinas (BSP) will continue to defend the Philippine peso to keep. Read More...

A collage of Dollar and Peso paper bills

Banking and Finance, News

BAP launches Dollar-Peso cross-currency swap market to better manage forex, interest rate risks

calendar_today July 26, 2023 schedule 2 min read

In pursuit of its commitment to market development, the Bankers Association of the Philippines (BAP) recently launched the dollar-peso cross-currency swap (USDPHP CCS) market. IMAGE. Read More...