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Proposal for a P20 coin needs 'in-depth' deliberation, study: BSP

ABS-CBN News
Posted at Jul 19 08:19 PM

The Bangko Sentral ng Pilipinas on Friday said replacing the P20 bill with a coin entails "extensive and in-depth" deliberation amid reports that a coin version of one of the most common denominations could be released before the year ends. Read more »

Dakila takes oath as new BSP Deputy Governor, succeeds Guinigundo

ABS-CBN News
Posted at Jul 11 06:42 PM

Bangko Sentral ng Pilipinas Governor Benjamin Diokno administered the oath of office on Thursday to Francisco Dakila Jr. as BSP Deputy Governor.  Read more »

BSP holds 2019 awards ceremony for stakeholders

ABS-CBN News
Posted at Jul 10 10:57 PM

Philippine Central Bank Governor Benjamin Diokno hints at further cuts to policy rates amid the recent lukewarm economic data. Read more »

8 percent GDP growth still doable, says BSP chief

ABS-CBN News
Posted at Jul 04 10:25 PM

Bangko Sentral ng Pilipinas Governor Benjamin Diokno is keeping an upbeat perspective on the country's economy, as he believes the government is still on track to meet its target GDP growth this year.  Read more »

LOOK: Bangko Sentral releases bills with Diokno signature

ABS-CBN News
Updated as of Jul 04 06:32 AM

The release of the 20-piso, 50-piso, 100-piso, 200-piso, 500-piso and 1,000-piso banknotes marks the 26th anniversary of the BSP. Read more »

Diokno: PH building 'adequate buffers' vs protectionism, policy uncertainty

ABS-CBN News
Updated as of Jun 07 05:25 PM

The steps include opening up the economy to trade and direct investments, strengthening domestic industries to make them globally competitive and diversifying products and markets.   Read more »

BSP cuts reserve requirement for thrift, savings, coop banks

ABS-CBN News
Updated as of May 23 08:00 PM

The RRR cuts for small banks came after the BSP earlier announced a phased 200-basis point reduction in the RRR for big banks and a 25-basis point cut in the benchmark lending rate. Read more »

Bangko Sentral cuts reserve requirement for banks

ABS-CBN News
Updated as of May 16 11:46 PM

A 100-basis point cut will take effect on May 31, followed by two other cuts of 50 basis points each on June 28 and July 26. Read more »

GDP growth likely 'slightly higher' than 6 percent in Q1, says Diokno

Cathy Yang, ABS-CBN News
Updated as of May 03 06:51 PM

Diokno told ANC that a reduction in the benchmark interest rate and the reserve ratio requirement for banks was "inevitable." Read more »

BSP's Diokno: Interest rate, reserve requirement cuts are 'inevitable'

Cathy Yang, ABS-CBN News
Updated as of May 03 11:27 AM

Bangko Sentral ng Pilipinas Governor Benjamin Diokno spoke exclusively with ABS-CBN News one week before he presides over a policy-setting meeting. Read more »

Reserve ratio should be single digit before 2023: Diokno

Reuters
Posted at Apr 29 04:07 PM

Bangko Sentral ng Pilipinas governor Benjamin Diokno said on Monday that the country's reserve requirement ratio (RRR) for banks, currently at 18 percent, should be reduced to a single digit before his term ends in 2023.  Read more »

Bangko Sentral keeps rates steady in first meeting under Diokno

ABS-CBN News
Updated as of Mar 21 05:09 PM

Diokno, who assumed office in early March, said he favored "steady, strong" growth, which was seen by the markets as signal that he could ease policy faster than expected. Read more »

Treasury bureau expects BSP to hold off rate hikes in policy meeting

ABS-CBN News
Posted at Mar 18 11:44 PM

The BSP is widely seen to keep its policy rates steady as new chief Benjamin Diokno presides over his first monetary policy meeting this week. Read more »

BSP under Diokno likely to 'accelerate' policy easing: HSBC

ABS-CBN News
Updated as of Mar 13 10:35 AM

The BSP could bring key borrowing rates to 4.25 by year-end with a 50-basis points cut, and the reserve requirement ratio to 15 percent by end of 2019 with 100-basis points cuts each quarter, said HSBC economist Noelan Arbis said.  Read more »

Diokno on the peso and the economy

ABS-CBN News
Posted at Mar 12 11:12 PM

After this interview between ANC anchor Cathy Yang and new central bank chief Benjamin Diokno, the Philippine peso ended weaker on Tuesday. Read more »

Diokno says 'no sacred cows' with him leading Bangko Sentral

Cathy Yang, ABS-CBN News
Updated as of Mar 12 01:03 PM

As BSP Governor, the former budget secretary will chair the Anti Money Laundering Council. He also took office as a new law gave the central bank wider enforcement powers. Read more »

Diokno on decline in FDI inflows: 'Nothing to worry about'

Cathy Yang, ABS-CBN News
Posted at Mar 12 11:45 AM

At $9.8 billion, net FDI inflows in 2018 are still close to the $10.3 billion posted in the previous year and twice the annual levels under previous governments, Diokno said. Read more »

Diokno on P52 vs $1: 'I don't find it too strong'

Cathy Yang and Joel Guinto, ABS-CBN News
Updated as of Mar 12 04:06 PM

The local currency is still within the P52 to P55 target, said Diokno, who as budget secretary said a weak peso would not necessarily bad for the economy. Read more »

BSP's Diokno 'convinced' on policy easing, keeps watch on El Niño

Cathy Yang and Joel Guinto, ABS-CBN News
Updated as of Mar 12 12:56 PM

The new central bank chief earlier said monetary authorities must ensure 'strong, steady' economic expansion. Read more »

Benjamin Diokno's journey to the PH central bank

ABS-CBN News
Posted at Mar 11 11:26 PM

Despite analysts describing his appointment as a politicized move, a chorus of confidence greeted Benjamin Diokno.  Read more »