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Bangko Sentral ng Pilipinas
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BSP Implements Loan Relief and Fee Reductions Amid Middle East Energy Crisis
The Bangko Sentral ng Pilipinas has announced temporary loan deferments and lower online transfer fees to help borrowers affected by the Middle East energy crisis. These measures respond to demands from both the government and stakeholders aiming to reduce financial hardships.
· 50d ago
Philippine Peso Hits Record Low Above P60 on US Dollar Amid Rising Oil Prices
The Philippine peso slid to a record low above P60 against the US dollar driven by rising oil prices and geopolitical tensions. This decline raises inflation concerns and may prompt cautious responses from economic policymakers.
· 77d ago