Peso weakens vs dollar on strong US CPI report
THE PESO weakened against the dollar on Wednesday due to strong US inflation data and offshore geopolitical noise.
The local currency ended yesterday’s session at...
BSP to maintain ‘gradualist’ approach in RRR cuts
By Melissa Luz T. Lopez
Senior Reporter
THE BANGKO SENTRAL ng Pilipinas (BSP) will maintain a measured approach in cutting bank reserves further, as making a...
CIMB taps FINTQ as it enters Philippine market
A MALAYSIAN LENDER has tapped FINTQnologies Corp. (FINTQ) as it enters the Philippine market as a digital bank.
In a statement on Tuesday, FINTQ, the...
Central banks urged to study digital currencies
DIGITAL CURRENCIES are a revolutionary tool that central banks should consider, but they remain far too risky to be used as legal tender any...
Bill outlines penalties for cryptocurrency crimes
SENATOR Leila M. De Lima has filed a bill seeking to impose stiffer penalties for crimes involving cryptocurrencies.
Under Senate Bill No. 1694 filed on...
Peso flat ahead of Fed, BSP policy reviews
THE PESO ended flat against the dollar yesterday as market players stayed on the sidelines ahead of the US inflation data.
The local currency ended...
Gov’t partially awards T-bills as rates rise
By Elijah Joseph C. Tubayan
Reporter
THE GOVERNMENT made a partial award of the Treasury bills (T-bill) it planned to raise on Monday as yields increased...
BSP warns vs cryptocurrency use
By Karl Angelo N. Vidal
THE CENTRAL BANK is not endorsing cryptocurrencies as mediums of exchange or investment vehicles despite their growing popularity amid continued...
Rediscount borrowings surge in Feb.
PHILIPPINE BANKS resumed availing of rediscount loans from the Bangko Sentral ng Pilipinas (BSP) in February after it stood untapped the previous month, the...
Bangko Sentral ng Pilipinas bank supervisor takes aim at male-dominated boards
THE PHILIPPINE central bank’s female deputy in charge of supervising the nation’s lenders has a message for their chief executives: Get more women onto...
Peso slips on cautious markets
THE PESO inched lower against the dollar on Monday as market players were cautious due to possible interest rate hikes coming from central banks...
T-bills seen to fetch higher rates
By Karl Angelo N. Vidal
YIELDS on Treasury bills (T-bills) on auction today will likely rise amid continued market uncertainty over possible interest rate hikes...