- The Bangko Sentral ng Pilipinas governs the financial infrastructure of the Philippines while regional conflict impacts economic stability and OFW remittances from Riyadh.
- BSP manages monetary policy amidst Middle East supply shocks, while Arsenio Balisacan advises on Philippine long-term growth strategy.
- Policy rate impacts overall economic stability. Exchange rate against the US dollar affects investment. A consultancy advises on market trends in the country.
The Bangko Sentral ng Pilipinas manages monetary policy, with policy hikes impacting the peso against the USD.
2 reports, 2 independent
Updated Sep 4
Gone quiet
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- 2
- Developments
- 1
- Repetition
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New informationRepeats or wire copies
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What happened
The Bangko Sentral ng Pilipinas manages monetary policy, with policy hikes impacting the peso against the USD.
Who's involved
What this event is mainly aboutKeep exploring
The entities involved
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Bangko Sentral ng Pilipinas
central bank of the Philippines
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Philippines
archipelagic country in Southeast Asia
Related events
- Bangko Sentral ng Pilipinas monitors Middle East developments for inflation implications, with UnionBank economists analyzing the impact on policy targets.
- Higher US interest rates are strengthening the dollar, prompting consideration of intervention by the Bangko Sentral ng Pilipinas.
- The Bangko Sentral ng Pilipinas is considering the risks posed by El Niño in its monetary policy decisions for the Philippines.
- The Bangko Sentral ng Pilipinas reported on the Balance of Payments (BOP) performance of the Philippines, with economists commenting on the improvement.
- The Bangko Sentral ng Pilipinas delivered a 50-basis-point interest rate hike amid elevated global oil prices.