The Philippine peso slid past a long-defended red line for the currency to an all-time low, as the central bank signaled more ...
The currency has come under pressure following Bangko Sentral ng Pilipinas’ unexpected cut in the benchmark interest rate in ...
The Philippine central bank is letting market forces set the dollar-peso exchange rate, saying that strong remittances and ...
MANILA (Reuters) - The Philippine central bank has tightened the noose on large cash withdrawals, ordering banks to conduct "enhanced due diligence" for transactions exceeding 500,000 pesos ($8,748.75 ...
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MANILA (Reuters) -The Philippines lowered its growth target for this year and narrowed its growth goals for 2026 to 2028 to reflect global uncertainties stemming from tensions in the Middle East and ...
Philippine monetary authorities are studying the proposal to demonetize the PHP500 and PHP1,000 bills as a measure to prevent these from being used for illegal activities. In a briefing Monday, Bangko ...
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