Debt payments, lower gold prices trim PH forex reserves - The Manila Times

Debt payments, lower gold prices trim PH forex reservesThe Manila TimesThe Philippines' gross international reserves (GIR) declined in September with the Bangko Sentral ng Pilipinas (BSP) attributing the drop to its foreign exchange operations, lower gold prices and national government debt payments abroad. Advertisements.and more »

BSP, BoJ restate currency swap deal - The Manila Times

BSP, BoJ restate currency swap dealThe Manila TimesThe Philippine and Japanese central banks have signed a restated currency swap arrangement that will allow monetary authorities to stabilize exchange rates during times of volatility. Advertisements. “The Bank of Japan, acting as agent for the Minister ...and more »

Forex reserves narrow to $81.35 B - Philippine Star

Philippine StarForex reserves narrow to $81.35 BPhilippine StarThe country's foreign exchange reserves narrowed to $81.35 billion as of end-September, $380 million lower than the revised $81.73 billion as of end-August due to the continued weakening of the peso against the dollar, the Bangko Sentral ng Pilipinas ...and more »

BSP, Bank of Japan renew bilateral swap arrangement - Philippine Star

BSP, Bank of Japan renew bilateral swap arrangementPhilippine StarThe Bangko Sentral ng Pilipinas (BSP) announced yesterday it has signed a restatement agreement of its third bilateral swap arrangement with the Bank of Japan (BOJ). File. MANILA, Philippines — The central banks of the Philippines and Japan renewed a ...and more »

Defacing, destroying currency subject to stiff penalties - Philippine Star

Philippine StarDefacing, destroying currency subject to stiff penaltiesPhilippine StarThe Bangko Sentral ng Pilipinas (BSP) yesterday said it would penalize people found willfully defacing, mutilating, tearing, burning or destroying currency notes and coins. File. MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) yesterday ...and more »

Do not mutilate banknotes: BSP | SunStar - Sun.Star

Do not mutilate banknotes: BSP | SunStarSun.StarA VIDEO of the burning of what appears to be Philippine banknotes has come to the attention of the Bangko Sentral ng Pilipinas (BSP). The BSP is investigating this incident for appropriate action. The BSP reminded the public that it is unlawful to ...and more »

Bilateral Swap arrangement between Japan, PH signed | SunStar - Sun.Star

Bilateral Swap arrangement between Japan, PH signed | SunStarSun.StarTHE Bank of Japan, acting as agent for the Minister of Finance of Japan, and the Bangko Sentral ng Pilipinas, signed a restatement agreement of the third Bilateral Swap Arrangement (restated BSA), which took effect yesterday. The BSA enables the ...and more »

Peso exchange rate stabilizes – BSP chief - Manila Bulletin

Manila BulletinPeso exchange rate stabilizes – BSP chiefManila BulletinBangko Sentral ng Pilipinas (BSP) Governor Nestor A. Espenilla Jr. has noted that the peso at R51 vis-à-vis the US dollar has apparently steadied at this level. “The exchange rate has now stabilized at the present narrow range. Based on our studies ...and more »

GIR dips to $81.35 B at end of September - Manila Bulletin

Manila BulletinGIR dips to $81.35 B at end of SeptemberManila BulletinBangko Sentral ng Pilipinas (BSP) Deputy Governor Maria Almasara Cyd N. Tuano-Amador yesterday said the country's gross international reserves (GIR) of $81.346 billion as end-September was lower compared to end-August's $81.725 billion, mainly ...and more »

Banknote mutilation warning - The Standard

Banknote mutilation warningThe StandardBANGKO Sentral ng Pilipinas warned the public on Friday that anybody found guilty of mutilating or defacing its issued banknotes and coins will be fined and put behind bars. The warning came in the wake of a reported video showing the burning of what ...and more »

PHL foreign reserves dip to $81.35B in Sept. - GMA News

GMA NewsPHL foreign reserves dip to $81.35B in Sept.GMA NewsThe country's foreign reserves thinned in September from a three-month high in August on the back of outflows from a revaluation of central bank gold holdings, the Bangko Sentral ng Pilipinas (BSP) said Friday. Data released by the BSP showed the gross ...and more »

BSP warns it will go after those who mutilate peso bills, coins - Rappler

RapplerBSP warns it will go after those who mutilate peso bills, coinsRapplerBangko Sentral ng Pilipinas vows to punish those seen in a video burning peso bills. The perpetrators can be fined up to P20,000 and jailed for up to 5 years. Rappler.com. Published 5:03 PM, October 06, 2017. Updated 5:03 PM, October 06, 2017. MANILA ...and more »

BSP warns against defacement of bank notes - ABS-CBN News

ABS-CBN NewsBSP warns against defacement of bank notesABS-CBN NewsMANILA - The Bangko Sentral ng Pilipinas on Friday reminded the public that those caught defacing bank notes could be imprisoned for up to 5 years and fined up to P20,000. The regulator said it issued the warning after a video of banknotes being burned ...and more »

Dollar reserves decline in September - Inquirer.net

Inquirer.netDollar reserves decline in SeptemberInquirer.netThe country's dollar reserves declined to $81.347 billion as of end-September due to lower global gold prices and a weak peso, preliminary data of the Bangko Sentral ng Pilipinas (BSP) released on Friday showed. The gross international reserves (GIR ...and more »

PH, Japan central banks sign restated bilateral swap agreement - Inquirer.net

PH, Japan central banks sign restated bilateral swap agreementInquirer.netThe central banks of the Philippines and Japan on Friday signed the restatement of their third bilateral swap agreement (BSA), a stop-gap measure for short-term liquidity problems, after it expired this month. In a statement, the BSP said it and the ...and more »

BSP honors outstanding partners in Region 12 and ARMM - Philippine Information Agency

BSP honors outstanding partners in Region 12 and ARMMPhilippine Information AgencyGENERAL SANTOS CITY, Oct. 3 (PIA) – The Bangko Sentral ng Pilipinas (BSP) presented nine awards to outstanding partners in SOCCSKSARGEN Region and the Autonomous Region in Muslim Mindanao (ARMM) who have showed exemplary support to ...and more »

New Rules May Help Detect Risks in Philippine Loan Boom, Says Fitch - CFO innovation ASIA

New Rules May Help Detect Risks in Philippine Loan Boom, Says FitchCFO innovation ASIARecent moves to enhance oversight of property lending and project finance in the Philippines could make it easier to spot pockets of excess in these high-growth sectors, says Fitch Ratings. Nevertheless, prudential standards have not been tightened ...and more »

Sliding peso flashes warning sign over Philippines - Breakingviews

BreakingviewsSliding peso flashes warning sign over PhilippinesBreakingviewsThe peso is the worst performer among Asia's widely traded currencies this year, hitting an 11-year low of 51.615 per dollar in August. On Sept. 21, the Bangko Sentral ng Pilipinas (BSP) kept its key interest rate unchanged at 3.0 percent, voicing hope ...and more »