Monetary Board Maintains Policy Rates
Manila—(PHStocks)—Bangko Sentral ng Pilipinas (BSP)—The Monetary Board decided to keep the BSP’s key policy rates at 3.50 percent for the
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Bangko Sentral ng Pilipinas
End-April 2014 GIR Stands at $79.6B
Manila—(PHStocks)—Bangko Sentral ng Pilipinas (BSP)—Preliminary data showed that the country’s gross international reserves (GIR) reached $79.61 billion as of end-April
Read MoreApril Inflation Reaches 4.1%
Manila—(PHStocks)—Bangko Sentral ng Pilipinas (BSP)—Headline inflation increased to 4.1 percent year-on-year in April 2014 from 3.9 percent in March, and
Read MorePhilippine Financial System Registers Solid Performance in 2013
Manila—(PHStocks)—Bangko Sentral ng Pilipinas (BSP)—The Philippine banking system has increased its resilience to adverse shocks by strengthening its capital position
Read MoreBSP Seen Raising Bank Reserves Anew
The central bank is expected to do more of the same at the Monetary Board’s policy meeting this week as
Read MoreBank Lending Up 20% in March
Manila—(PHStocks)—Bangko Sentral ng Pilipinas (BSP)—Outstanding loans of commercial banks, net of reverse repurchase (RRP) placements with the BSP, grew by
Read MoreDomestic Liquidity Expands in March
Manila—(PHStocks)—Bangko Sentral ng Pilipinas (BSP)—Domestic liquidity (M3) grew by 34.8 percent year-on-year at end-March 2014 to reach PhP7 trillion. This
Read MorePersonal Remittances Reach $4B in First Two Months of 2014
Manila—(PHStocks)—Bangko Sentral ng Pilipinas (BSP)—Personal remittances from overseas Filipinos (OFs) amounted to $2 billion in February 2014. This brought the
Read MoreFDI Inflows Reach $1B in January 2014
Manila—(PHStocks)—Bangko Sentral ng Pilipinas (BSP)—Net foreign direct investment (FDI) inflows rose by 5.3 percent to $1 billion in January 2014,
Read MoreInflation Down to 3.9 Percent in March
Manila—(PHStocks)—Bangko Sentral ng Pilipinas (BSP)—Headline inflation slowed down to 3.9 percent year-on-year in March from 4.1 percent in February. The
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