BSP renews campaign against unscrupulous money changers, revokes license of NIKKO Mart
Money changer NIKKO has reportedly committed “serious violations” of money laundering laws The Bangko Sentral ng Pilipinas (BSP) has taken…
End of January 2024 GIR level settles at US$103.4 billion, headline inflation dropped to 2.8% YOY
Based on preliminary data from the Bangko Sentral ng Pilipinas (BSP), the Philippines’ gross international reserves (GIR) level has settled…
HSBC analyst sees BSP maintaining peso value below the 57:1 level
According to a forex analyst from British banking giant HSBC, the Bangko Sentral ng Pilipinas (BSP) will continue to defend…
BAP launches Dollar-Peso cross-currency swap market to better manage forex, interest rate risks
In pursuit of its commitment to market development, the Bankers Association of the Philippines (BAP) recently launched the dollar-peso cross-currency…
BSP streamlines and expands the Currency Rate Risk Protection Program (CRPP)
The Monetary Board has recently approved the operational amendments and expanded the coverage of the Currency Rate Risk Protection Program…