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Defending the peso

The Bangko Sentral ng Pilipinas (BSP) has adopted a new approach to guide its foreign exchange interventions. In an interview with Bloomberg, Governor Eli Remolona Jr. said the central bank is ...
MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) is proposing tighter rules on electronic money (e-money) issuance to strengthen consumer protection, requiring nonbank companies like ...
THE Philippine peso slightly strengthened on Tuesday after its four-day losing streak against the dollar after US President Donald Trump’s call for countries to cooperate in reopening the Strait of ...