PhilippinesEconomy

Philippine Central Bank Signals Monetary Easing Following Trump Victory

1 month ago

The Philippine central bank has indicated a potential shift towards easing monetary policy in the wake of the recent election results in the United States, where Donald Trump emerged victorious. This unexpected development comes at a critical time for the Philippine economy, which has been navigating myriad challenges, including inflationary pressures and the ongoing aftershocks of the global pandemic.

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.