BSP

Philippines Central Bank Poised to Implement Third Consecutive Key Rate Cut

5 days ago

The Bangko Sentral ng Pilipinas (BSP) is anticipated to reduce its benchmark interest rate for the third time as part of its ongoing economic strategy. This move comes amidst increasing signals from policymakers regarding a shift in monetary policy as they look to stimulate economic growth in a challenging environment.

Philippine Peso Predicted to Weaken Amid Economic Risks, Says BSP Governor

2 months ago

The Philippine peso is under pressure and could potentially decline to as low as 59 to the US dollar if prevailing economic risks escalate, according to Felipe Medalla, the governor of the Bangko Sentral ng Pilipinas (BSP). His comments come amid concerns over rising inflation and geopolitical tensions, which could impact financial stability and investor confidence in the country.

Philippines Lowers Key Interest Rate Again as Inflation Relaxes

2 months ago

The Bangko Sentral ng Pilipinas (BSP) has made a significant move by reducing the key interest rate for the second consecutive time, responding to a notable slowdown in inflation rates within the country. This latest decision reflects a shift in the monetary policy landscape aimed at stimulating economic growth and alleviating the financial burdens on Filipinos.