News

China not manipulating currency but lacks transparency, US says

Agence France-Presse
Posted at Oct 18 07:26 AM

Beijing is not a currency manipulator but China's exchange rate practices and the yuan's recent decline are of "particular concern," US Treasury Steven Mnuchin said Wednesday.  Read more »

Peso closes at P54.31 to $1, hovers near 13-year low

ABS-CBN News
Posted at Sep 25 06:48 PM

The Philippine peso closed at P54.31 to the dollar on Tuesday, its lowest in nearly 13 years amid talks of another interest rate hike by the Bangko Sentral ng Pilipinas (BSP). Read more »

Peso weakens further, nears P54 vs $1 as trade gap widens

ABS-CBN News
Updated as of Sep 12 01:27 AM

The peso has hovered at its weakest levels against the dollar in nearly 13 years. Read more »

Consumer confidence drops to lowest level under Duterte admin

ABS-CBN News
Posted at Sep 07 11:25 PM

The Bangko Sentral ng Pilipinas moves to calm foreign exchange jitters and inflation concerns as consumer confidence falls to its lowest level under the Duterte administration. Read more »

Pamilya ng OFW, umaaray na rin sa pagdausdos ng piso

ABS-CBN News
Posted at Sep 07 08:42 PM

Patuloy ang paghina ng halaga ng piso kontra dolyar at maging ang mga sektor na dapat nakikinabang sa paglakas ng foreign currencies ay dumadaing pa rin. Read more »

Piso, bumagsak sa pinakamababa sa loob ng halos 13 taon

ABS-CBN News
Posted at Sep 07 02:57 AM

Kung kahapon tumaas ang inflation rate, kanina sumadsad ang palitan ng piso kontra dolyar sa pinakamababang antas sa loob ng halos 13 taon. Read more »

Venezuela on edge as Maduro unveils raft of economic reforms

Alexander Martinez and Esteban Rojas, Agence France-Presse
Posted at Aug 19 08:34 AM

Uncertainty reigned in Venezuela on Saturday after President Nicolas Maduro unveiled a major economic reform plan aimed at halting the spiraling hyperinflation that has thrown the oil-rich, cash-poor South American country into chaos. Read more »

Stripping zeros not the answer to save Venezuelan economy, say analysts

Alex Vasquez, Agence France-Presse
Posted at Jul 29 10:43 AM

Zapping 5 zeros off Venezuela's almost worthless currency is nothing but a half-hearted measure and won't solve the country's chronic hyperinflation, analysts have told AFP. Read more »

Dollar drops further on Trump's comments on currency, rate hike

James Thorne, Reuters
Posted at Jul 21 04:46 AM

NEW YORK - The dollar fell across the board on Friday, as the latest comments by U.S. President Donald Trump complaining about the strength of the greenback and the rise in U.S. interest rates squashed a rally that took it to a one-year high the previous session. Read more »

Bangko Sentral seeks NBI help vs fake bills on social media

ABS-CBN News
Updated as of Jul 13 04:11 PM

The Bangko Sentral ng Pilipinas said Friday it sought help from the National Bureau of Investigation to identify those who had been "maliciously" posting defaced and fictitious bills on social media. Read more »

Fake P10,000 bill tracked down, Bangko Sentral says

Warren de Gumzan, ABS-CBN News
Posted at Jun 25 04:37 PM

The Bangko Sentral ng Pilipinas said Monday it found and secured the fake P10,000 bill that went viral on the internet. Read more »

Singil sa tubig, tataas sa Hulyo

ABS-CBN News
Posted at Jun 22 12:34 AM

Maaaring tumaas din ulit ang singil sa tubig bago matapos ang 2018. Read more »

Robredo: Peso depreciation 'alarming,' seeks economic managers' explanation

ABS-CBN News
Posted at Jun 14 07:50 PM

Vice President Leni Robredo on Thursday called on the government's economic managers to explain the "alarming" rate of peso depreciation. Read more »

Peso touches 53 vs $1 ahead of Fed, ECB meetings

ABS-CBN News
Posted at Jun 13 09:51 AM

The peso was trading at 53.079 shortly after trading resumed from the Independence Day holiday on Tuesday, Bloomberg data showed. Read more »

ALAMIN: Ano ang proseso sa pagdisenyo ng pera?

ABS-CBN News
Posted at Jun 13 02:35 AM

Ano nga ba ang proseso ng pagdidisenyo at pagpili ng bayaning ilalagay sa ating pera? Read more »

ALAMIN: Proseso sa pagpili ng mga bayani na itatampok sa pera

Michelle Ong, ABS-CBN News
Posted at Jun 12 06:19 PM

Ibinunyag ng Bangko Sentral ng Pilipinas na mahabang proseso ang pinagdadaanan sa pagpili at pagdidisenyo ng mga pera. Read more »

Heroes on money: A representation of PH history

ABS-CBN News
Posted at Jun 12 01:44 PM

Heroes grace our money. Read more »

Peso nears 53 vs $1, economic managers not worried

ABS-CBN News
Updated as of Jun 11 09:22 PM

The peso hovered near the P53 to the dollar level, holding at its lowest level in 12 years, but economic managers said they were not worried. Read more »

Halaga ng piso vs dolyar, pinakamababa sa 12 taon; OFWs, exporters, natuwa

ABS-CBN News
Posted at May 25 09:25 PM

Paliwanag ni BSP Deputy Governor Diwa Guinigundo, hindi naman sa "humihina" ang piso kung hindi lumalakas lamang talaga ang dolyar. Read more »

Xurpas unit plans $100-million digital token sale

ABS-CBN News
Posted at May 16 03:17 PM

Technology firm Xurpas said Wednesday it planned to sell $100 million in digital tokens to fund fund the first of 7 projects that leverage blockchain technology. Read more »