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Thursday, August 21, 2025

Tag: BSP

Oil price shock up: P5/liter

BSP warns oil risk plus peso depreciation may push inflation over 5% The Department of Energy warned domestic pump prices could increase by P5 per...

BSP turns more cautious as peso weakens

The Bangko Sentral ng Pilipinas turned more cautious after the peso weakened recently as a result of the Middle East conflict that forced investors...

BSP: Oil price surge may lift inflation above 5%

Inflation rate in the Philippines could exceed 5 percent if global oil benchmarks, particularly Dubai crude, reach $100 per barrel and the peso sharply...

Five-month BOP deficit widened to $5.8 billion—BSP

The Philippines' balance of payments (BOP) registered a deficit of $298 million in May 2025, a reversal from the $2 billion surplus recorded in...

BSP slashes interest rate to 5.25% amid easing inflation

The Monetary Board of the Bangko Sentral ng Pilipinas (BSP) on Thursday reduced its policy rate by 25 basis points amid moderating inflation outlook. The...

Peso, stocks plunge amid ME tension

The peso and the local stocks plunged Wednesday as escalating world crude prices due to Iran-Israel war caused worries among investors. The peso closed at...

BSP, financial agencies boost anti-scam drive

The Financial Sector Forum (FSF), led by the Bangko Sentral ng Pilipinas (BSP), revived its “Protect Your Money” (PYM) information campaign to empower financial...

AI bridges PH financial gap

Artificial intelligence (AI) is helping bridge the financial gap by using alternative data like utility payments, e-commerce activity and social media behavior to enable...

Cash remittances grew 4%to $2.66b in April, says BSP

Cash remittances from Filipinos working overseas rose 4.0 percent year-on-year in April 2025, the Bangko Sentral ng Pilipinas (BSP) said Monday. Data from the central...

Cash remittances up 4% in April 2025

Cash remittances from Filipinos working overseas rose 4.0 percent year-on-year in April 2025, the Bangko Sentral ng Pilipinas (BSP) said Monday. Data from the central...

Bangko Sentral expected to cut policy rate by 25 bps this week

The Bangko Sentral ng Pilipinas (BSP) is expected to cut the policy rate by 25 basis points in its policy meeting on June 19,...

Foreign debt surged 14% to $146b in Q1

The Philippines’ outstanding external debt surged 14 percent to $146.74 billion in the first quarter of 2025, driven by continued borrowings from the national...

Balance of payments, current account showed deficits in Q1

The Philippines’ balance of payments (BOP) and current account both registered deficits in the first quarter of 2025, data from the Bangko Sentral ng...

BSP Hub

Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona Jr. (third from left) leads the inauguration ceremony of the BSP Hub along with Monetary Board...

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