More interest rate hikes likely this year
The Bangko Sentral ng Pilipinas may raise the overnight borrowing rate to 6.5 percent or even higher this year if ...
Read moreTag: Bangko Sentral ng Pilipinas
Bangko Sentral delivers another 25 bps rate hike to stem inflation
The Monetary Board, the policy-making body of Bangko Sentral ng Pilipinas, delivered another 25-basis-point increase in key interest rates on ...
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Liquid financial system gives BSP room to increase interest rates—HSBC
By Julito G. Rada Hongkong and Shanghai Banking Corp. said Wednesday the liquid domestic financial system is giving the Bangko ...
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BSP’s term deposit facility fetches higher rates
The P280 billion offered by the Bangko Sentral ng Pilipinas in its weekly term deposit facility auction on Wednesday was ...
Read moreBOP yielded deficit of $895m in February
The country’s balance of payments position in the first two months remained at a surplus of $2.2 billion, a reversal ...
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BSP expected to increase interest rate by another 25 bps this week
The Monetary Board, the policy-making body of the Bangko Sentral ng Pilipinas, is expected to raise the key interest rate ...
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Medalla: Local banks to withstand shocks from US lenders’ collapse
Bangko Sentral ng Pilipinas Governor Felipe Medalla said Monday the strong domestic banking system can withstand the possible shocks from ...
Read moreForeign debt rose by $4.84b to reach record $111b in 2022
Foreign debt climbed by $4.84 billion to hit a record $111.268 billion as of end-2022 from $106.428 billion a year ...
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Win wants BSP excluded as fund source for MIF
Senator Sherwin Gatchalian seeks the exclusion of the Bangko Sentral ng Pilipinas (BSP) as a fund source for the proposed ...
Read more2023 BOP target revised to $1-6-billion deficit
The Bangko Sentral ng Pilipinas said Friday it revised downward its 2023 balance of payments forecast to a deficit of ...
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