Peso strengthens further vs dollar
THE PESO strengthened further on Wednesday to log a fresh one-month high, even as the dollar climbed on the back of a rebound in global equity markets.
BSP defers rollout of new forex reporting system to June 2026
THE BANGKO SENTRAL ng Pilipinas (BSP) has extended anew its test period for its implementation of the International Transactions Reporting System (ITRS), which is...
Peso inches lower vs dollar on expectations of faster inflation
THE PESO weakened slightly against the dollar on Monday on expectations that Philippine headline inflation quickened further in March.
The local unit closed at P56.255...
Ethics: Black, White (or Gray)?
By Flor G. Tarriela
IN celebration of the Golden Jubilee Year of Financial Executives Institute of the Philippines, FINEX launched an ethics book entitled Ethics: Black White (or Gray)? which gathered essays and actual cases from 50 well-known personalities from the government, banking and private sectors.
Yields on term deposits decline as COVID-19 worries affect rates
YIELDS ON the central bank’s term deposit facility (TDF) continued to decrease despite lower bids on Wednesday as investors remain wary of risks that may arise as the coronavirus disease 2019 (COVID-19) continues to spread and amid signals of another rate cut in the second quarter.
TDF yields mixed on inflation outlook, geopolitical tensions
YIELDS on the central bank’s term deposits ended mixed on Wednesday amid higher inflation expectations and growing tensions between Russia and Ukraine.
Gov’t fully awards reissued three-year T-bonds
THE GOVERNMENT made a full award of the reissued Treasury bonds (T-bonds) it offered on Tuesday at a higher average rate ahead of the...
Peso volatility vs dollar likely to continue in 2025
THE PESO could continue to see volatility in 2025 amid uncertainties over the policy direction of US President-elect Donald J. Trump’s administration and its potential impact on inflation and global interest rates.
Peso strengthens against the dollar before third-quarter GDP report
THE PESO strengthened anew against the dollar on Wednesday on optimism over the economy’s performance in the third quarter.
The local unit closed at P56.045...