Ian Nicolas P. Cigaral

Ian Nicolas P. Cigaral

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Remittances hit 2024 high of $2.88B in June
BSP shaves rate by 25 bps, kicks off easing cycle

BSP urged to avoid off-cycle easing

Peso strengthens back to 56:$1 level
FDIs fall to 16-mo low as high rates, geopolitical tensions bite
BSP tells banks to accept all national ID formats
Fitch Group unit trims PH 2024 growth outlook
Central bank wants bigger fines on substandard reports
No BSP rate cut just yet, economists say
Banks’ bad debts declined in June