BSP Approves Peso, Dollar BondsThe Aquino administration has secured the go-ahead from the Bangko Sentral ng Pilipinas (BSP) to sell global peso notes and dollar debts in the local market, Bloomberg reported yesterday, citing three unnamed government sources.Manila Bulletin...
However, the peso appreciated versus the US dollar after the Philippines' central bank, the Bangko Sentral ng Pilipinas (BSP), raised interest rates on May 18. On May 24, the USD to PHP exchange rate was 53.27. Despite this, the USD to PHP exchange rate was 8.8% higher than in the sa...
Peso Up vs Dollar on IPO Inflows - BSP
BSP DOLLAR-BUYING FAILS TO CAP PESO RISEBurgonio, Maricel E
PESO RISES BACK TO 45-TO-A-DOLLAR LEVEL: BSP RAISES FULL-YEAR DOLLAR INFLOW FORECASTBurgonio, Maricel E
BSP Set to Provide Dollar Liquidity as Peso Falls Further
Burgonio, Maricel E
BSP Dollar Purchases Slowing as Peso Exchange Rate StabilizesThe central bank bought $401-million worth of foreign exchange (FX) in July, half of what it purchased in June of $831 million to smooth out the exchange rate volatility.Manila Bulletin...