Outgoing Bangko Sentral ng Pilipinas (BSP) Governor Benjamin E. Diokno is not at all worried about the depreciating peso vis-à-vis the US dollar after hitting a 44-month low at P54 on Monday, and fast approaching P54.50 mid-day Tuesday. Diokno said the peso versus the strong greenback is still “doi
Council calls higher interest rates, oil prices key risks to financial stability bworldonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bworldonline.com Daily Mail and Mail on Sunday newspapers.
The Philippines recorded its widest balance of payments deficit in 15 months at $1.61 billion in May, 2.6 times the $415 million shortfall recorded in April as the national government settled more foreign debt, according to the Bangko Sentral ng Pilipinas.
The road to financial security and a bright future starts with saving. The Philippine Deposit Insurance Corporation shares why saving their hard-earned money in banks is both secure and beneficial to all.