dollar | ABS-CBN News

Bank of Japan leaves policy unchanged, yen weakens

Kyoko Hasegawa and Sara Hussein, Agence France-Presse
Posted at Jan 18 01:32 PM

Japan's central bank left its ultra-easy monetary policy unchanged on Wednesday, sending the yen plunging against the dollar. Read more »

Peso seen trading at P57-P59 to dollar this year

Warren de Guzman, ABS-CBN News
Posted at Jan 11 03:42 PM

Despite its recent gains, the peso is expected to weaken again this year according to economists from First Metro Investments Corp (FMIC) and the University of Asia and the Pacific (UA&P). Read more »

Peso strengthens to P54 vs dollar level, strongest since June 30

ABS-CBN News
Updated as of Jan 10 07:37 PM

Data from the Bankers Association of the Philippines showed the peso closing at P54.87 to the US dollar on Tuesday after closing at P55.11 on Monday. Read more »

PH raises $3B from US dollar bond sale

Warren De Guzman, ABS-CBN News
Posted at Jan 10 10:16 AM

The Bureau of Treasury said on Tuesday it has raised a total of $3 billion from its US dollar-denominated bond sale. Read more »

Philippine launches $500 million bond sale

Warren De Guzman, ABS-CBN News
Posted at Jan 09 05:38 PM

The Philippines has launched a US dollar bond sale to raise up to $500 million, with tenors of 5.5, 10.5 and 25 years, the Bureau of Treasury said. Read more »

Philippines' GIR level at $96 billion as of end December: BSP

ABS-CBN News
Updated as of Jan 09 11:54 AM

The country's gross international reserves level rose to $96 billion as of the end of December 2022, data from the Bangko Sentral ng Pilipinas showed. Read more »

BSP: Worst over for strong dollar

Jekki Pascual, ABS-CBN News
Posted at Dec 20 06:40 PM

Bangko Sentral ng Pilipinas Governor Felipe Medalla on Tuesday said the worst is over for the strong dollar as the Philippine peso regains strength. Read more »

Japan central bank tweaks monetary policy, yen strengthens

Hiroshi Hiyama and Sara Hussein, Agence France-Presse
Posted at Dec 20 01:24 PM

Japan's central bank tweaked its longstanding monetary easing program on Tuesday, in a surprise move that saw the yen strengthen quickly against the dollar while Tokyo stock markets fell. Read more »

BOP posts $756M deficit in Nov; GIR level hits $95.1B

ABS-CBN News
Posted at Dec 20 09:28 AM

The country's balance of payments (BOP) posted a deficit of $756 million in November 2022, higher than the $123 million deficit recorded in the same comparable period, data from the Bangko Sentral ng Pilipinas showed. Read more »

OF Bank eyes online dollar account opening facility

ABS-CBN News
Posted at Dec 08 12:39 PM

The country's first digital bank, the Overseas Filipino Bank by the Landbank of the Philippines, will soon launch an online dollar account opening facility. Read more »

GIR level slightly dips in November: BSP

ABS-CBN News
Posted at Dec 08 09:59 AM

Gross international reserves level settled at $93.95-B at the end of November, slightly lower than the previous month, data from the BSP showed. Read more »

BSP airs concern on Maharlika fund’s impact on GIR

Warren de Guzman, ABS-CBN News
Posted at Dec 05 09:56 PM

The Bangko Sentral ng Pilipinas on Monday said it was concerned over how the Maharlika fund may impact the country’s gross reserves and supervision of banks. Read more »

Dollar falls after Federal Reserve shift in tone, stocks mixed

Agence France-Presse
Posted at Dec 02 08:24 AM

The dollar continued to retreat on Thursday in the US on shifting expectations for US monetary policy, while global stocks finished mixed after digesting data showing record low eurozone unemployment and a moderation in US inflation. Read more »

UK must focus on growth as well as inflation: Business lobby

Agence France-Presse
Posted at Nov 21 08:20 AM

The UK's recent austerity budget may avert a deeper recession, but the government must focus more on growth to improve the country's long-term prospects, the Confederation of British Industry (CBI) will say Monday. Read more »

Japan inflation hits four-decade high of 3.6 percent in October

ABS-CBN News
Posted at Nov 18 08:38 AM

Japan's core consumer prices rose 3.6 percent year-on-year in October, the government said Friday, the highest level in four decades due largely to rising energy costs and a weak yen. Read more »

PSEi up 1 percent, peso closes at P57.21 vs dollar

ABS-CBN News
Posted at Nov 15 05:45 PM

The PSEi racked up another day of gains rising over 1 percent on Tuesday. Read more »

Cash remittances up 3.8 percent to $2.8B in September

ABS-CBN News
Updated as of Nov 15 11:07 PM

Cash remittances coursed through banks grew 3.8 percent to $2.84 billion in September, data from the BSP showed. Read more »

FDI net inflows dip to $797 million in August: BSP

ABS-CBN News
Posted at Nov 10 04:40 PM

The Philippines booked $797 million in net inflows of foreign direct investments in August, lower by 19.2 percent compared to $987 million in the same period last year. Read more »

Asian stocks down after US midterms turn global markets red

Agence France-Presse
Posted at Nov 10 12:39 PM

Asian stocks started down on Thursday after inconclusive US midterm election results and a turbulent cryptocurrency market left Wall Street and European markets in a sea of red. Read more »

PH gross reserves improve to $94.1 billion in October

ABS-CBN News
Posted at Nov 07 04:52 PM

The Philippines' gross international reserves (GIR) level rose to $94.1 billion as of the end of October, data from the Bangko Sentral ng Pilipinas released Monday showed. Read more »