MANILA – Malacañang said the recent weakening of the peso against the U.S. dollar, which slid to PHP59.44 on Wednesday, is driven by a mix of global and domestic factors, stressing that the Bangko ...

The peso DWF interest rates are based on the BSP Overnight Lending Rate, while the US dollar and Japanese yen DWF interest rates are based on applicable benchmark rates. The appropriate spread on DWF ...

Philippine economic growth will likely continue to slow unless the government addresses corruption and governance concerns, a former official of the Bangko Sentral ng Pilipinas (BSP) said Friday.

LAWMAKERS approved on third and final reading a measure that would allow the Bangko Sentral ng Pilipinas (BSP) to look into the accounts of individuals involved in illegal financial activities. During ...

The US dollar and Japanese yen DWF interest rates are based on applicable benchmark rates. The appropriate spread on DWF interest rates, as may be determined by the BSP, may change periodically to ...

MANILA, Philippines — Inflation eased in November as food items posted slower price increases, according to the Philippine Statistics Authority (PSA). In a press conference yesterday, Deputy National ...

BPI charges a standard PHP15 fee for InstaPay cash-ins, including transfers to GCash. Ia-adopt na ng Bank of the Philippine Islands (BPI) ang InstaPay para sa lahat ng bank-to-bank at bank-to-e-wallet ...

MANILA, Philippines — The Bangko Sentral ng Pilipinas expects to reduce its benchmark interest by at least twice more this year. It currently stands at 5.5 percent. BSP Governor Eli Remolona Jr. said ...

THE BANGKO SENTRAL ng Pilipinas (BSP) has partnered with the Philippine Deposit Insurance Corp. (PDIC) for information sharing on bank reports. “The Bangko Sentral and the PDIC through a revised ...

The Bangko Sentral ng Pilipinas (BSP) expressed confidence of the sustained rise of digital payment technologies to facilitate the efficient delivery of financial services to the unbanked and micro, ...

Inflation likely eased to below six percent in October after quickening for two straight months to 5.3 percent in August and 6.1 percent in September, according to the Bangko Sentral ng Pilipinas (BSP ...

Philippine Statistics Authority reports that the country's gross domestic product growth slows to 4.3% in the second quarter of 2023, from 6.4% in the first quarter of 2023 and 7.5% in the second ...