By Joann Villanueva/Philippine News Agency
MANILA – The Bangko Sentral ng Pilipinas (BSP) further increased the offering under its Term Deposit Facility (TDF) for the auction on Wednesday.
Data released by the central...
By Joann Villanueva/Philippine News Agency
MANILA – Both the Philippine peso and the Philippine Stock Exchange index (PSEi) ended the week’s first trading up on rate hike expectations from the Fed.
The local...
By Joann Villanueva/Philippine News Agency
MANILA -- Philippine monetary officials have already made up their mind to further cut Bangko Sentral ng Pilipinas’ (BSP) key policy rates but BSP Governor Benjamin Diokno...
By Joann Villanueva/Philippine News Agency
MANILA — Foreign buying in the local bourse allowed the Philippine peso to remain firm against the US dollar but the main equities index sunk as the...
By Joann Villanueva/Philippine News Agency
MANILA -- The Philippines' macroeconomic fundamentals remain strong and still provide a solid backing against foreseeable challenges ahead.
This was stressed by Bangko Sentral ng Pilipinas (BSP) Governor...
By Joann Villanueva/Philippine News Agency
MANILA -- Federal Reserve Chairman Jerome Powell’s hint that the Fed’s key rates may be due for a cut, possibly this month, boosted the Philippine peso and...