Philippines forex reserves dip to $103 billion in January
The country’s forex buffer slid slightly to $103.4 billion in January as the government paid its foreign debts and the central bank’s gold holdings took a hit from lower prices in the global market......»»
Philippines gross int l reserves level settles at 103.4 bln USD in April
MANILA, May 7 (Xinhua) -- The Philippines' gross international reserves (GIR) decreased to 103.4 billion U.S. dollars at the end of April from 104.1 billion dollars at the end of March, the Philippine central bank said Tuesday. The Bangko Sentral ng Pilipinas (BSP) said the latest GIR level represents a more than adequate external liquidity buffer equivalent to 7.7 months' worth of imports of goods and payments.....»»
BSP prodded to build up forex reserves
The Bangko Sentral ng Pilipinas should continue rebuilding its gross international reserves amid the wide current account deficit and heavy reliance on debt funding, according to Bank of America Global Research......»»
PH Inflation Sees Huge Dip in January 2024 Now at 2.8%
The country’s headline inflation has taken a significant dip, currently standing at 2.8%, according to the latest report from the Philippines Statistics Authority (PSA) released on February 6, 2024. According to PSA, this marks the lowest rate recorded since October 2020, showing a considerable drop from December 2023’s 3.9 percent and a noteworthy decrease from […].....»»
How to Trade the Forex Market: A Comprehensive Overview
Trading the forex market involves buying and selling currencies with the intention of making a profit from the changes in the exchange rate, hence why.....»»
Forex buffer hits 2-year high
The country’s dollar reserves rose to a 23-month high in March due to higher government deposits with the central bank and higher gold prices in the international market, according to the Bangko Sentral ng Pilipinas......»»
Forex buffer hits 2-year high
The country’s dollar reserves rose to a 23-month high in March due to higher government deposits with the central bank and higher gold prices in the international market, according to the Bangko Sentral ng Pilipinas......»»
Philippine agriculture loses over 103 mln USD due to El Nino
MANILA, May 9 (Xinhua) -- The El Nino dry spell and drought damage to Philippine agriculture has reached 5.9 billion pesos (103 million U.S. dollars), Philippine President Ferdinand Romualdez Marcos said Thursday. Marcos added that at least 3.6 million Filipinos across the country have been affected by the El Nino phenomenon. While the Philippines copes with the sweltering weather, the Southeast Asian cou.....»»
BSP s Remolona jokes about gold reserves a week after hidden wealth incident
Bangko Sentral ng Pilipinas Chairman of the Monetary Board and Governor Eli Remolona Jr. poked fun at the BSP handing out portions of the country's gold reserves, a week after nearly a thousand people flocked to the BSP to supposedly claim trillions in "hidden wealth.".....»»
Hotel101 Global reserves Ticker symbol “HBNB” in Nasdaq SE
Hotel101 Global reserves Ticker symbol “HBNB” in Nasdaq SE.....»»
103 areas under state of calamity due to heat
A total of 103 cities and towns have been placed under a state of calamity because of El Niño, while the number of persons affected by the weather phenomenon has reached 2.1 million, according to Task Force El Niño spokesman and Presidential Communications Assistant Secretary Joey Villarama......»»
Philippines external trade drops 2.1 pct in January
MANILA, March 12 (Xinhua) -- The Philippines' total external trade in goods declined 2.1 percent year-on-year in January to 16.09 billion U.S. dollars, the Philippine Statistics Authority (PSA) said on Tuesday. Of the total external trade in January, 63.1 percent were imported goods, while the rest were exported goods, the agency said. The PSA said trade deficit in January amounted to 4.22 billion dollars.....»»
Philippines dollar reserves slip to $102.67 billion
The country’s foreign exchange buffer slipped to $102.67 billion in February, the second straight month of decline, acccording to the Bangko Sentral ng Pilipinas......»»
Philippine exports surpass 100 bln USD in 2023
MANILA, April 1 (Xinhua) -- Philippine exports exceeded 100 billion U.S. dollars for the first time in 2023, with a total of 103.6 billion dollars, a 4.8 percent increase from 2022, the Philippines' Department of Trade and Industry (DTI) said Monday. Citing data from the Bangko Sentral ng Pilipinas (BSP), the country's central bank, DTI Secretary Alfredo Pascual said that the strong performance of the informatio.....»»
BSP approves more changes to forex rules
The Bangko Sentral ng Pilipinas has approved more amendments to its regulations to further facilitate the access of authorized agent banks to foreign exchange resources and streamline documentary requirements, procedures as well as reporting......»»
Eased forex rules to take effect this year
The Bangko Sentral ng Pilipinas is expected to release its final circular on eased foreign exchange rules this year to attract more foreign investments into the country, a Monetary Board member said yesterday......»»
BSP to further relax forex rules
The Bangko Sentral ng Pilipinas may further relax its rules and regulations governing foreign exchange transactions in a bid to attract more foreign investments into the country......»»
Alsons profit drops in Q1
Alsons Consolidated Resources (ACR) of the Alcantara Group reported a dip in first quarter earnings as the forced outage of one of its plants dented the firm’s operations and revenues......»»
Upson International FY23 profit: P464-M (down 13.7%)
Upson International, the IT retailer primarily operating through the Octagon retail brand, teased its FY23 financial results headlined by a 13.7% dip in net income to P464 million......»»
Cryptocurrency Market Turns Red as Bitcoin, Ethereum, Solana Prices Dip Before Halving
The cryptocurrency market kicked off Friday on a bearish note, as major digital assets Bitcoin, Ethereum, and Solana experienced significant declines in morning trading. Bitcoin,.....»»
Duterte: P20/K rice impossible
There is no way for rice prices to dip to P20 per kilo as promised by President Marcos, according to former president Rodrigo Duterte......»»