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Office Of Systemic Risk Management News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Peso at P54 remains competitive – Diokno

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

IMF wants stronger stress-testing exercises

The International Monetary Fund (IMF) recommends that the Philippine central bank implement additional stress testing work such as a more granular macro-scenario evaluation of bank-related financial pressures to mitigate systemic risks coming from the still ongoing pandemic, climate change and other

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