MONETARY authorities will act to prevent peso volatility but will not automatically defend a specific exchange rate level, ...
MANILA, Philippines — The Bangko Sentral ng Pilipinas will not automatically defend any specific exchange rate level, and the ...
When asked if a P60 to $1 exchange rate was 60 inevitable, BSP Governor Eli Remolona said "not soon." ...
The Bangko Sentral ng Pilipinas (BSP) is not expecting the Philippine peso to hit the P60:$1 level anytime soon, saying it is ...
Governor Eli Remolona Jr. said Friday that any move to defend the local currency would depend on how the peso will ...
THE BANGKO SENTRAL ng Pilipinas (BSP) said another rate cut this year is uncertain amid current economic conditions, ...
THE Bangko Sentral ng Pilipinas (BSP) may deliver two more rate cuts this year before capping off the easing cycle as the economy may bear the brunt of imported inflation amid the weakening peso, ...