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Recto sees rates cut by total 150 bps within 2 years | Reine Juvierre S Alberto

Recto sees rates cut by total 150 bps within 2 years | Reine Juvierre S Alberto
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Elim remolonaRagnar gudmundssonBangko sentralMonetary policyInternational monetary fundFinance secretary ralphMonetary boardPhilippine economic briefingMonetary fundResident representativePhilippines ragnar gudmundssonReverse repurchase

High commodity prices make it hard for Pinoys to save–Queen Maxima

High commodity prices make it hard for Pinoys to save–Queen Maxima
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Peso falls to 18-month low as Fed signals rate cut delay

THE Philippine peso fell to its weakest level in almost two years on expectations that the United States Federal Reserve could delay its rate cuts, according to the Bangko Sentral ng Pilipinas (BSP). On Tuesday, data from the Bankers Association of the Philippines (BAP) showed the peso closed at P58.28…

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BTr raises ₱15 billion from auction | Reine Juvierre Alberto

The Bureau of the Treasury (BTr) raised P15 billion from the tender of Treasury bills (T-bills) on Monday as rates across all tenors eased on signals of a rate cut in the coming months. The auction committee made a full award of its P15 billion T-bills, raising P5 billion each…

San carlosNegros occidentalBangko sentralEli remolonaMichaell ricafortRizal commercial banking corpBureau of the treasury btrCommercial bankingChief economist michaelGovernor eli remolonaMonetary boardReverse repurchase

BSP chief s goal: Cut RRR by 450 bps to spur lending

BSP chief s goal: Cut RRR by 450 bps to spur lending
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