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Banks execute first trades under peso-renminbi spot facility

MEMBER BANKS of the peso-renminbi spot trading facility have executed their first batches of trade following its establishment last month.

Peso-renminbi trading facility to ease volatility

THE NEW peso-renminbi (RMB) spot trading facility is expected to help ease volatility even in the dollar currency market, a Bangko Sentral ng Pilipinas (BSP) official said, with industry players eyeing to roll out the platform by November.

Treasury to issue panda and samurai bonds next year

The Bureau of the Treasury said the government will issue panda and samurai bonds next year as part of the financing program for next...

China is weakening its currency before US trade talks begin

China weakened its daily currency fixing by more than traders and analysts had expected before high-ranking US officials arrive in the country to discuss...

Philippines’ first panda bond sale receives ‘overwhelming demand’

THE GOVERNMENT raised 1.46 billion renminbi (RMB), or about $230 million, on Tuesday, March 20, from its maiden "panda" bond offer, receiving an "overwhelming...